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Politics : Foreign Policy Discussion Thread
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To: Neocon who wrote (4821)2/28/2003 3:28:14 PM
From: lorne  Read Replies (1) of 15987
 
FBI says arrests made in coupon fraud
2/27/2003
MILWAUKEE (AP) — Federal agents raided homes and grocery stores in seven states and arrested 16 people in a probe of clip-out coupon fraud that investigators said has netted $4.5 million.

Some of the money was sent to Jordan and Israel's West Bank, said David Mitchell, agent in charge of the Milwaukee FBI. Details of how the money was used were still under investigation.

U.S. Attorney Steven Biskupic said he had never seen such a large coupon scheme.

"For an organization to be able to generate literally hundreds of thousands of coupons in order to net $4.5 million in money is far beyond what we've addressed in the past," Biskupic said Wednesday.

According to investigators, the plot used coupons clipped from newspapers, primarily in the New York area. People posing as store owners sent the coupons to a clearinghouse that redeemed them, then were reimbursed by the products' manufacturer.

The conspirators sometimes used actual store owners to submit the coupons to the clearinghouse, the complaint said.

Mitchell said the scheme involved 370 stores in 15 states. Mitchell said there was no immediate evidence that the scheme was related to terrorism.

Federal agents and local law enforcement served 40 search warrants in seven states.

Arrested were five people from New York, five from Florida, three from Mississippi, two from Milwaukee and one from Tennessee. The investigation began in June 2001, authorities said.

usatoday.com
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