Local Companies Named as Victims in Coupon Fraud Case

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Local Companies Named as Victims in Coupon Fraud Case


MILWAUKEE, WI (AP) - Federal prosecutors say there are an additional
700 potential victims ranging from food manufacturers to newspapers in a fraud scheme involving the nation's largest coupon company.

Eleven men were charged in March 2007 with 25 counts of wire fraud. Most are from International Outsourcing Services based in Bloomington, Indiana.

Early filings named more than 100 victims, including Quaker Foods and Beverages, General Mills and Kraft Foods.

U.S. Attorney Steven Biskupic says in a new filing that there could be 700 more victims, including the Iowa-based National Pork Board, ExxonMobil Oil and the Kansas City Star newspaper.

The indictment alleges the defendants submitted fraudulent coupons to manufacturers for payment of up to 250 million dollars between 1997 and 2006.
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