Huge Coupon Scam Alleged; U.S. Accuses Firm of Bilking Stores, Manufacturers Out of $250 Million
The Milwaukee Journal Sentinel › March 09, 2007
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Summary
How much money could there be in scamming 50-cent grocery coupons?
Hundreds of millions of dollars, according to a federal indictment unsealed in Milwaukee on Thursday.See the full content of this document
Extract
Huge Coupon Scam Alleged; U.S. Accuses Firm of Bilking Stores, Manufacturers Out of $250 Million
The nation's largest coupon clearinghouse, International Outsourcing Services, and nine of its executives, managers and advisers are charged with systematically defrauding manufacturers and retail stores across the country of at least $250 million over 10 years. Executives from a different coupon company also were charged.
The indictment includes notice that the governm...See the full content of this document
