New York Attorney General launches investigation into Sandy 'price gouging'

New York State Attorney General Eric Schneiderman has launched an investigation into price gouging after receiving hundreds of complaints from consumers across the state after Hurricane Sandy.

His office has received complaints from consumers from areas of New York City, the Hudson Valley and Long Island.

The largest number of complaints are related to increased gasoline prices, he said.

Consumers also have reported possible gouging for emergency supplies like generators, hotels raising rates due to "high demand," as well as increased prices for food and water.