When coupon clippers go rogue…a Virginia couple is in trouble for $31 million fraud scheme

When coupon clippers go rogue...a Virginia couple is in trouble for  million fraud scheme

It’s been months since authorities discovered that a Virginia couple has been selling innocent shoppers fraudulent coupons. And it’s been about four years since Lori Ann and Pacifico Talens first began their $31 million operation.

But justice has finally been served for Pacifico, and Lori Ann will receive her sentence later this month. Apparently, Pacifico will spend the next seven or so years behind bars, and will have to pay back the $31 million. 

Lori Ann could wind up in jail for 50 years, according to officials.

Together, the couple created and sold fake coupons to unsuspecting bargain-seekers. 

“Justice was done today,” said the director of the Coupon Information  Center. “While he was not the ringleader, Mr. Talens was an active participant in this scheme and was aware of its criminal nature. He regularly mailed packages of counterfeit coupons to customers across the country, spreading the fraud nationwide. He could have put a stop to the scheme at any time. He didn’t and will be paying the price for the rest of his life.” 

Fraudulent activity of this nature comes at a pretty high cost to retailers — over $100 million a year.

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