Monday, June 6, 2011

Coupon Fraud

"Are people really prosecuted for coupon fraud?"

We cover this topic in our Basics to Couponing class.  Although we generally laugh and giggle during this part of the class coupon fraud is a serious matter.  I posted this several months ago and have been asked to re-post it again.  It never hurts to review this topic anyway since I gain new readers every week and new couponers as well!

This question is answered directly on the Coupon Information Corporation website.  Here's the answer:

What are the penalties for coupon fraud?

Penalties for those convicted of coupon fraud related crimes vary by each case and the number of laws violated.
As of this date,
Longest prison sentence: 17 years
Highest financial penalty: $5 million
Prison sentences of three to five years are not uncommon. Financial penalties generally vary, but have often been in excess of $200,000.
If you're unsure about a coupon's authenticity go HEREto see an entire list of regularly updated couterfeit coupons.

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