How a Taiwanese food mogul slipped up over adulterated olive oil

Wei Yin-chun bows to apologize during a press conference in 2013 after his company were ordered to recall tens of thousands of bottles of adulterated cooking oil. (SAM YEH/AFP/Getty Images)

Earlier this year, Taiwan’s intellectual property court sentenced Taiwan billionaire Wei Yin-Chun, 60, to two years in jail. The former chairman of food producer Wei Chuan was convicted of defrauding consumers and violating food safety laws, ordering employees to mix olive oil with lower-value oils and a food-coloring agent. What was sold to consumers as an olive oil product was 98% palm oil.