Thieves milking baby formula for high profit, low risk

It's one of the most frequently shoplifted items from any store - - and it's not an iPod.

At $12 or more per can, baby formula is an expensive and highly pilfered item that's flying off shelves and into the pockets of profiteers.

And that stolen formula, which is often improperly stored and therefore spoils, could end up right back in stores and in your infant's bottle.

Baby formula, like razors, over-the-counter medications and diabetes test strips, is highly sought after by organized retail- theft rings that resell it on the black market.

"It's just a…