In Italy, Bill Whitaker finds out that the long arms of the Mafia extend to agricultural products, especially olive oil, on which the mob makes huge profits by exporting imitations
When it comes to knock-offs of Italian classics — you probably think of fake Guccis or Pradas — not food.
But last month, police in Italy nabbed 7,000 tons of phony olive oil. Much of it was bound for American stores. The oil was from North Africa, deodorized with chemicals and rebranded as more expensive Italian extra virgin. The scam was cooked-up by organized crime.