In September 2021, an American woman called Lori Ann Talens hit the news when her elaborate coupon fraud ring was outed.

A number of news outlets reported that she had been jailed for 12 years after pleading guilty to running the scheme from April 2017 to May 2020.

Now, over a month after her sentencing, the FBI has just released new information explaining exactly what happened.

“During a search of Lori Ann Talens’ home, agents found thousands of counterfeit coupons, rolls of coupon paper, and coupon designs for more than 13,000 products on her computer.” – FBI

Who is Lori Ann Talens?

Lori Ann Talens is a woman from Virginia Beach who was sent to prison for coupon fraud.

The 41-year-old led one of the largest counterfeit coupon schemes in US history which led retailers to lose $31.8 million in profit.

She has recently been jailed for over 12 years by a federal judge in Norfolk after pleading guilty to mail fraud, wire fraud and health care fraud.

Here’s what she did…

Lori led a $31.8m coupon fraud scheme

The FBI has just posted a press release that explains Lori’s coupon fraud scheme in detail.

It all started when the Coupon Information Corporation (CIC) gave the FBI a tip about a Virginia Beach resident who they thought was making counterfeit coupons.

The CIC had linked $125,000 in fake coupons to Lori, so the FBI’s Postal Inspector Jason Thomasson decided to investigate and found that she was indeed the mastermind behind the elaborate fraud scheme.

In September 2021, Lori pleaded guilty and was sentenced to more than 12 years in prison. She was also ordered to pay $31.8 million to the retailers who suffered losses due to her scheme.

The key to Lori’s success was that she “trained herself in the different techniques she needed to manipulate barcodes to make these coupons work,” the FBI said.

She sold the fake coupons, which were created for many stores across America, to a large group of online subscribers, and made $400,000 in profit which she spent on home renovations, shopping and holidays.

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Her husband was also involved

Lori didn’t act alone, and her husband Pacifico Talens Jr was also involved in the fraud scheme.

He has been sentenced to 87 months in prison, which is just over seven years, bringing their total jail time to around 20 years.

When investigators searched their home, they found fake coupons worth more than $1 million “in every crevice of the house” as well as fake coupon designs for over 13,000 products on her computer.

“There were coupons in every jacket pocket; they were stuffed in her vehicles,” Inspector Jason Thomasson said.

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