Horse meat eaten without the knowledge of the consumer, due to accidental or fraudulent introduction of horse meat into human food. A 2003 Food Standards Agency (FSA) investigation revealed that certain sausages, salami and similar products such as chorizo and pastrami sometimes contain horse meat without it being listed, although listing is legally required. The 2013 horse meat scandal involved multiple products being recalled from shelves due to unlabelled horse meat in amounts up to 100% of the meat content. The issue came to light on 15 January 2013, when it was reported that horse DNA had been discovered in frozen beefburgers
Tesco profits by £250 million. The misreporting resulted in almost £2.2 billion being wiped off the value of the company’s stock market value. The suspended executives included former commercial director Kevin Grace and UK managing director Chris Bush. The profit overstatement was subsequently revised upwards to £263 million following an investigation by the accountancy firm Deloitte, and it was clarified that the inflated profit figure was the result of Tesco bringing forward rebates from suppliers. The Serious Fraud Office (SFO) confirmed on 29 October 2014 that it was carrying out a criminal investigation into the accounting irregularities but declined to give