Luxury Cheese Is Now a Hot Black-Market Good

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Skyrocketing prices and increased demand from around the world has made cheese a prime good to see on the black market.

Cartier’s Parent Company Just Saw Its Sales Slide Amid China’s Spending Slowdownreported. Yes, the familiar dairy product has drawn the attention of international smugglers and other parties looking to profit from the most luxurious varieties. The practice gained wider attention just last month when what became known as thebecame an internet sensation. That robbery involved the disappearance of $390,000 of prized English cheddar, but it was just the tip of the iceberg.

To fight back, cheese makers are turning to technology. In 2022, Italy’s Parmigiano Reggiano Consortium introduced tracking chips roughly the size of a grain of rice embedded into each rind. These trackers help identify each wheel with a unique number, ensuring authenticity and making it easy to learn if any have been stolen.The World’s Newest Michelin 3-Starred Restaurant Was Just Crowned in ItalyMeet the Wine Club That Thinks Differently.

 

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