Tuesday, June 30, 2009

Coupon fraud on the rise

According to Dow Jones, coupon fraud has increased significantly over the past year. With the jump of 7 cases of coupon fraud in 2007 to 93 cases in 2008, companies are loosing over $3 million a year due to counterfeit coupons. Some techniques used to make fraudulent coupons: reprinting in-store coupons, smudging bar codes and extending expiration dates. Read the full report here.

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