Just The News: The FBI has released details about a $31.8 million counterfeit coupon scheme perpetrated by a Virginia couple who will now spend close to 20 years combined behind bars.
Last month, 41-year-old Lori Ann Talens was sentenced to 12 years in prison. Her husband, Pacifico Talens, Jr., 43, was sentenced in August to seven years.
Together, they ran a counterfeit coupon fraud scheme that cost retailers and manufacturers close to $32 million in losses. It was one of the biggest schemes of its sort ever to be discovered in the U.S.
Between 2017 and 2020, Lori Ann Talens operated a scheme across social media sites in which she identified groups of coupon enthusiasts and sold them fake coupons.
Lori Ann had a background in marketing and graphic design skills that made her fake coupons look virtually indistinguishable from authentic ones. She ran the scheme from her Virginia Beach home under the name “MasterChef.” Her counterfeit coupons often allowed customers to purchase items at significantly reduced cost. more here