What are the penalties for coupon fraud?
Longest prison sentence: 17 yearsHighest 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.
Alerts from CIC -
The CIC is a not-for-profit association of consumer product manufacturers dedicated to fighting coupon misredemption and fraud.
The CIC and its members have worked with Federal, State and local Law Enforcement officials on every significant coupon fraud case since CIC began operations in 1986.
This coupon has been confirmed fake by the CIC
There is a $2500 reward for For information leading to the successful prosecution of the individual(s) responsible for producing this counterfeit coupon.
Thanks! CIC
Coupon fraud is a punishable offense and, while penalties vary case by case, the Coupon Information Corporation says that the harshest convictions for this type of fraud include a 17-year prison sentence and a financial penalty of $5 million.
ReplyDelete