Source: The San Francisco Chronicle

The San Francisco Chronicle has reported that buyers for Kraft Foods Inc. and Frito-Lay Inc. are pleading guilty to accepting hundreds of thousands of dollars in bribes as part of a scheme that helped drive up food prices nationwide, federal prosecutors said last Tuesday.

According to the report, purchasing managers for the two companies have admitted taking a total of $318,000 in bribes from a broker at a major Central California tomato processor while arranging to buy the company's products at inflated prices

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