She STOLE Millions Selling Fake Coupons
Just how did this woman run a $31 million dollar coupon scam? Find out all about it in this video!
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Coupon Queen
Using a coupon is a much easier way for shoppers to cut the cost of their household items, groceries, and even personal care items. Recently, coupon fraud has turned serial couponers into millionaires, as evidenced by Virginia couple Lori and Pacifico Talens.
Models, Money, and Cars
In a candid interview conducted in 2014, Lori Ann recounts how her dad was the only motivation she ever needed to succeed. She says that her love for cars started as early as 15 when she got her first ride, a 1994 Toyota Celica.
Counterfeiting
However, the FBI unmasked Lori and her husband for defrauding the public through the sale of fake coupons making millions for the Talens and costing manufacturers an astonishing 31 million dollars between 2017 and 2020.
MasterChef
Lori and her husband operated online using the moniker 'MasterChef.' The couple used a computer to design, create and produce an endless list of counterfeit coupons, all in the comfort of their Virginia Beach Home.
Customer Help
Everything was merry until one of Lori's customers reported her to the Coupon Information Center or CIC, a coalition of consumer product manufacturers dedicated to coupon integrity.
Additional Scams
However, Lori's coupon fraud wasn't the only system she was gaming. From around November 2015 to February of 2020, Lori defrauded Medicaid and the Supplemental Nutrition Assistance Program.
Extended Reach
From the details emerging from her aborted coupon scheme, Lori's operation spread like wildfire all over the country. Were she and her husband part of the 2021 million-dollar coupon fraud in Texas?
Counterfeit Coupons
New research reveals that coupon fraud is now a 100-million-dollar problem. With the retail industry in the middle of digital transformation, traditional coupons remain popular, and their illegal use is costing the retail industry a whopping 100 million dollars a year.
Follow the Coupon
Stores assume liability for the coupons once they're in their hands. To redeem the coupons, stores have to mail them to the manufacturers. However, stores aren't redeeming coupons overnight.
Aftermath
Lori and her husband both pleaded guilty to mail fraud. She also pleaded guilty to the second fraud charge, wire fraud, and health care fraud. Lori faces a maximum penalty of 50 years in prison and currently awaits sentencing.
Just how did this woman run a $31 million dollar coupon scam? Find out all about it in this video!
Subscribe to Pablito’s Way below:
http://www.youtube.com/channel/UCk2zuJeRutyMZSdoh0sltLA?sub_confirmation=1
New to Pablito’s Way? Start here!💯
https://www.youtube.com/playlist?list=PLC9umoxByMRJQoW_PzGK-n84iLQgbQyN2
Check out some more of our favorite videos below:
The Fabulous Millionaire Life of Pastor Joel Osteen⛪https://youtu.be/F_ZtQDoiUho
The Untold Truth About the Escape From Alcatraz⛏️ https://youtu.be/dHMFEj3Lvyc
Rappers Who Went Broke with Dumb Decisions💸 https://youtu.be/mQ0qYI-xbKg
Follow me on Instagram! https://www.instagram.com/_pablitos_way/
Coupon Queen
Using a coupon is a much easier way for shoppers to cut the cost of their household items, groceries, and even personal care items. Recently, coupon fraud has turned serial couponers into millionaires, as evidenced by Virginia couple Lori and Pacifico Talens.
Models, Money, and Cars
In a candid interview conducted in 2014, Lori Ann recounts how her dad was the only motivation she ever needed to succeed. She says that her love for cars started as early as 15 when she got her first ride, a 1994 Toyota Celica.
Counterfeiting
However, the FBI unmasked Lori and her husband for defrauding the public through the sale of fake coupons making millions for the Talens and costing manufacturers an astonishing 31 million dollars between 2017 and 2020.
MasterChef
Lori and her husband operated online using the moniker ‘MasterChef.’ The couple used a computer to design, create and produce an endless list of counterfeit coupons, all in the comfort of their Virginia Beach Home.
Customer Help
Everything was merry until one of Lori’s customers reported her to the Coupon Information Center or CIC, a coalition of consumer product manufacturers dedicated to coupon integrity.
Additional Scams
However, Lori’s coupon fraud wasn’t the only system she was gaming. From around November 2015 to February of 2020, Lori defrauded Medicaid and the Supplemental Nutrition Assistance Program.
Extended Reach
From the details emerging from her aborted coupon scheme, Lori’s operation spread like wildfire all over the country. Were she and her husband part of the 2021 million-dollar coupon fraud in Texas?
Counterfeit Coupons
New research reveals that coupon fraud is now a 100-million-dollar problem. With the retail industry in the middle of digital transformation, traditional coupons remain popular, and their illegal use is costing the retail industry a whopping 100 million dollars a year.
Follow the Coupon
Stores assume liability for the coupons once they’re in their hands. To redeem the coupons, stores have to mail them to the manufacturers. However, stores aren’t redeeming coupons overnight.
Aftermath
Lori and her husband both pleaded guilty to mail fraud. She also pleaded guilty to the second fraud charge, wire fraud, and health care fraud. Lori faces a maximum penalty of 50 years in prison and currently awaits sentencing.
![How to Save Money with Temu Coupons 2024 [New and Existing Users] The Best Temu Deals and Offers](https://i.ytimg.com/vi/9RleX-bBZ3Y/hqdefault.jpg "How to Save Money with Temu Coupons 2024 [New and Existing Users] The Best Temu Deals and Offers")
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Imagine being this creative and not applying it to something productive
This is why product companies should only offer coupons on their own web site. Or you get them in the mail. There should be no more buying of coupons from third parties. Any such activity of someone offering to sell coupons in bulk should be reported immediately. That is also why I believe companies should get back to promoting sweepstakes and their coupons and have their web sites linked-up to one main official "facebook-like" system for companies, to where people can visit and go check out all the sweepstakes and coupons they offer. People can either print off the coupons (so many per household) from the product companies page, have them mailed to them, or have it on a coupon app (an app that can be created that's linked-up to all this stuff). I think, this would cut-down on all this fake mess, because people would have a place to go to get their coupons straight from the main source (the companies themselves). If all these companies were linked-up, people wouldn't have to search all over the internet or trust third parties to get their coupons. But what do I know?
I never understood wanting to save $ then forking out $ for coupon
The cashier would immediately know if a coupon is fake right? The barcode couldn't have worked
greed should quit at few million
I saw a movie about this it was two females in the movie tho
The Biggest problem with all Multi-million dollar scammers is un-ending greed. They just don't know when to stop and only flee when law enforcement starts closing in on them or get the handcuffs put on them.
Sounds like she was doing ok for herself before the scam.
Watching queen pins now ! it brought me here.
I was in THE FEDS w her husband…FCI Petersburg camp he a cool dude …He stays to himself tho
Greed is a terrible thing.
keep your nose clean…
👁️👁️
I think this saying is appropriate here: These people are “too smart for their own good”.
Watch her get hired by some government agency in the future to aid them in finding similar fraudsters, similar to Frank Abagnal of “ Catch me if you can” fame.
Your video production quality is awesome. New subscriber here.
Wow bet she’s at home chilling making fake Bitcoin accounts, out of room keys!
OMG … WOW, I don t know whether to cry or laugh