this post was submitted on 09 Feb 2025
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First it was egg thieves, now olive oil. What's next, bacon bandits?

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[–] troyunrau 6 points 5 days ago (3 children)

Gotta wonder how you fence a million in Olive Oil...

[–] MystikIncarnate 5 points 5 days ago

I would guess that they're fence is someone who works as a food distributor that resells manufactured goods to retail outlets. Someone who doesn't ask where a product came from.

They buy it cheaper than they can from the actual mfr, sell it for the normal price and everyone walks away a little bit richer.

There's a ton of food distribution companies, and they're everywhere.

[–] [email protected] 4 points 5 days ago (1 children)

Cut it was canola and sell it was off label shit to a couple of shell companies who will funnel into dollar stores and low-mid grade supermarkets

[–] [email protected] 3 points 5 days ago

That would turn 1 million to 10'000. I doubt it.

[–] [email protected] 2 points 5 days ago* (last edited 5 days ago)

It's the police price. So that's the number of individual bottles multiplied by the average selling price of a single bottle. The real wholesale price is probably much much lower.

So you're not fencing a million worth, you're fencing a 10th of that maybe.