How many fake coupons are you holding onto? Creating counterfeit coupons is a serious crime. Not only are those who create the fake coupons subject to criminal prosecution, but individuals attempting to redeem these coupons are also breaking the law.
According to the Coupon Information Corporation (CIC), coupon fraud costs consumer product manufacturers hundreds of millions of dollars every year. I've told you how companies are fighting back by offering rewards. Well, the stakes just got higher. There has been widespread counterfeiting of this coupon:
It is supposedly good for a free Blu Electronic Cigarette, which retails for $9.99. But this is a fake!
Provide information leading to the successful prosecution of the people responsible and you could get a $10,000 reward.
There are many other counterfeit coupons making the rounds and most have rewards tied to them, too. Here's one for a free bag of Purina pet food:
The value of the fake coupon is $61.99 cents. The reward is $2,500!
There actually was a legit Purina coupon, but it expired back in March. The counterfeiters changed the expiration date and altered the hologram across the top.
These are just a couple of the fake coupons out there. Find the entire list at CouponInformationCenter.com. See my Couponing 101: How to Recognize Fake Coupons as well to help you spot the counterfeits.
See the Money Saving Queen news segment for more information: