Hurricane Sandy: Price Gouging Investigated as Bread Hits $7

Report it if you're being ripped off

Price gouging in New York is being investigated in the wake of Hurricane Sandy as essentials increase dramatically in cost, including a $10 box of matches and $7 loaf of bread. State Attorney General Eric Schneiderman is probing the 400 reported cases of spiked prices for gasoline, food, bottled water, generators, batteries and flashlights at supermarkets, hardware stores, bodegas, delis, hotels and taxis. In one report, the cost of a bag of potatoes jumped to $7, up from $3 before the storm hit. "We are actively investigating hundreds of complaints we've received from consumers of businesses preying on victims of Hurricane Sandy. Our office has zero tolerance for price gouging," Schneiderman said. New Yorkers can report price gouging by telephone at 800-771-7755 or through his office website. (NBC News)

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