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Slippery bandits steal $2.5M value of premium olive oil from Texas warehouse, promote it for half-price

Slippery bandits steal .5M value of premium olive oil from Texas warehouse, promote it for half-price


Slippery bandits looted $2.5 million of premium olive oil from a Texas warehouse and peddled it to competing retailers which are promoting the stolen items at half the worth.

CHO America, makers of Terra Delyssa branded olive oils, reported that the thieves stole 18 truckloads — containing 29 pallets, every with 672 bottles — from a 3rd party-owned warehouse in Houston final month, in keeping with native reviews. 

The warehouse on Navigation Street reportedly went out of enterprise and didn’t have any operational safety cameras on the time the high-priced theft occurred, KHOU reported.

The thieves stole $2.5 million value of the premium olive oil that sells for $10 to $27 a bottle. KHOU

Wajih Rekik, the proprietor of CHO America, advised Fox 26 that he believes the theft was an “organized” hit and is determined for the general public’s assist to get better his product.

“It’s not somebody who likes olive oil, as a result of there is no such thing as a approach he can drink that a lot olive oil,” Rekik mentioned.

“That’s a whole lot of olive oil to drink.”

Rekik mentioned he didn’t be taught of the $2.5 million theft till weeks later, when he acquired a name that the high-quality natural olive oil was not on the appropriate retailer. 

CHO America proprietor Wajih Rekik believes the theft was “organized.” KHOU

After receiving images, the corporate used traceability options and trackable lot numbers to get better one pallet from a Houston retailer promoting it at a a lot decrease retail worth. 

The award-winning oil, which is packaged in a darkish glass bottle with a yellow label — goes for $15 to $27 a bottle. 

The thieves stole 18 truckloads —containing 29 pallets, every with 672 bottles. KHOU
The warehouse reportedly went out of enterprise and didn’t have any operational safety cameras on the time the theft occurred. KHOU

“Figuring out our product is being offered at half-price or one-fourth the worth at some shops now could be devastating, too,” Rekik advised KHOU.

The corporate is asking retailer homeowners to report any suspicious provides of Terra Delyssa at unusually low costs.


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