Business Services Industry
Federal Investigation of Coupon Fraud Scheme Involves 15 States.
Knight Ridder/Tribune Business News, March, 2003
By Richard Thompson, The Commercial Appeal, Memphis, Tenn. Knight Ridder/Tribune Business News
Mar. 1--Robert W. MacDonald is the only employee in the Memphis office of a coupon clearinghouse to be implicated in a $4.5 million coupon fraud scheme that involved 370 stores in 15 states, including Tennessee. Evidence suggests, however, that more co-conspirators may be involved at International Data, according to a federal affidavit that outlined the ongoing investigation.
"International Data is a major player in the industry," said Bud Miller, executive director of the Coupon Information Corp., a Virginia-based nonprofit association that fights coupon misredemption and fraud. "How far does this go?" The scheme, which came to light Wednesday and...
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