Coupon Fraud

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A Note About Coupon Fraud

Coupon Fraud is not something I like to talk about although the topic has come up previously. While it might be something I want to avoid discussing, it is very real and the implications can harm all Strategic Couponers. So, here is a brief synopsis of what coupon fraud is and how you can avoid it.

Types of Coupon Fraud:

• Buying an item and using a coupon that does not match the product or its size/quantity.
• Selling uncut coupons by auction or other formats.
• Copying coupons.
• Producing and/or using a fake coupon.

Keys that a coupon might be fake:

• A really large amount off the product or for a free product.
• Missing the fine print with specific instructions on how the coupon should be used and redeemed by both you and the store.
• Was emailed to you or posted in a coupon forum/chatroom.
• Has more than one identical coupon printed on the page.
• Missing a UPC barcode or the barcode does not scan.

If you know of a fraudulent coupon case, please contact The Coupon Information Corporation or the Federal Trade Commission (http://www.ftc.gov).

If you suspect a coupon is a fake, you can visit The Coupon Information Corporation (CIC) for a list of current fraudulent coupons (http://www.couponinformationcenter.com/ ~ Click on “Counterfeit Notifications”) or contact me and I will try to assist you.

To avoid coupon fraud:

• Do not download coupons from a coupon forum/chat group
• Do not use coupons you receive through email
• Do not purchase coupons
• Read the fine print
• Use coupons only as they are intended

Punishment for coupon fraud:

• 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.