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FL baby formula bandits arrested in $1M scheme

DeFi Daily News by DeFi Daily News
September 10, 2026
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Two Florida suspects are facing up to 90 years in prison after being arrested as alleged ringleaders of a massive baby formula theft operation dubbed “Formula One,” Attorney General James Uthmeier announced Thursday. A 15-month investigation uncovered more than $1 million worth of stolen baby formula across multiple Florida counties, leaving store shelves empty.

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Tags: ArrestedbabyBanditsFormulascheme
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