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March 4, 2019

A $2-Million Coupon Surprise

Filed under: Food/Groceries,Retail — Edgar (aka MrConsumer) @ 6:12 am

Have you read any good coupons lately? If not, you are in for a surprise courtesy of the folks at Kimberly Clark, makers of paper products like Kleenex, ScotTissue, and Viva paper towels.

Most people don’t read the fine print of anything, let alone cents-off coupons. But maybe they should, particularly if they are trying to pull off some coupon monkey business.

*MOUSE PRINT:

$2-mil penalty

That’s right. Kimberly Clark is threatening those who commit coupon fraud with up to $2-million in criminal or civil penalties or jail if you try to rip them off. This addition to coupons was instituted four years ago but has gone largely unnoticed.

According to the Coupon Information Corporation, the industry group that fights coupon fraud, losses from counterfeit coupons and coupon misuse cost manufacturers (and in turn consumers) millions of dollars a year. In the largest case to date, the head of a coupon clearinghouse was sentenced to 10 years in jail and ordered to pay $65 million in restitution to companies, including Kimberly Clark, after being convicted in a massive coupon fraud case.

The warning on coupons is meant as a deterrent. But for those who ignore it and get busted by the feds by surprise, they may have wished they had actually used this Kimberly Clark coupon:

Depends

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3 Comments

  1. Well I hope people read it. Not so sure they are going to.

    Comment by richard Ginn — March 4, 2019 @ 11:09 am
  2. If only bank fraud by bank executive was prosecuted as seriously as coupon fraud

    Comment by Wayne — March 4, 2019 @ 3:10 pm
  3. Bodily function humor? REALLY, Edgar. 🙂

    Comment by Joe E — March 6, 2019 @ 9:10 am

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