A widespread counterfeiting and forgery operation linked to a Phoenix home has led to the arrests of three women and the seizure of $25 million in fake coupons, Phoenix police said.
More than 40 of the nation's largest manufacturers were victimized in what is believed to be the first case of its kind in the U.S.
Phoenix police culminated an eight-week investigation by serving search warrants at three Valley-area homes Tuesday.
Those arrested were identified as the alleged leader of the operation, 40-year-old Robin Ramirez, and her two helpers, Amiko Fountain, 42, and Marilyn Johnson, 54. Each were booked into jail on charges of illegal control of an enterprise, forgery, counterfeiting, fraudulent schemes and artifices and trafficking in stolen property.
The residents in the home were forging coupons that offer customers free or highly discounted items, said Officer James Holmes of the Phoenix Police Department. For coupon users, these are called "high value" coupons and they are primarily the same as cash, Holmes said.
Police confiscated $2 million worth of assets that included $240,000 in vehicles, 22 guns, a 40-foot speed boat and other assets. Officers also seized packing material and equipment used to process the coupons.
Holmes said high quality copies of manufacturers' coupons began to surface in the U.S. from an unknown source about four years ago.
"This is a significant fraud," said lead investigator Sgt. David Lake.
"I was contacted by one of the companies who had been asked to look into the source of these coupons by Proctor & Gamble," Lake said.
Lake said the victim companies, along with Coupon Information Corporation, hired private investigators to find where the coupons were being sold and investigators found several in Arizona.
Ramirez is accused of "bringing in these coupons from overseas in large quantities and selling them on her website for 50 percent of face value," Lake said.
The bogus website was selling the phony coupons online for hundreds of dollars, police said. In return, customers would receive coupons valued at two to three times what they spent, Lake said.
"These were free-item coupons," Lake said. "Some of them, like for Iams, you get this coupon from her for $10 and you can get a $70 item. Walk out of the store with a $70 bag of dog food. If you can get an unlimited number of those, think how this grows."
Police said the scope of the investigation and the economic impact - hundreds of millions of dollars in losses - goes beyond imagination.
Ramirez faces charges of controlling and operating an illegal enterprise, forgery, money laundering and counterfeiting.
Stay with cbs5az.com and CBS5 News for updates on this developing story.
Copyright 2012 CBS 5 (Meredith Corporation). All rights reserved.
Wednesday, May 22 2013 3:40 PM EDT2013-05-22 19:40:35 GMT
Minutes after the tornado reduced an Oklahoma elementary school to rubble, a photographer captured the courage and selflessness that overcame adults at the school in the moments after the devastation.More >
Minutes after the tornado reduced an Oklahoma elementary school to rubble, a photographer captured the courage and love as a scared little boy jumped into the arms of his next-door neighbor. More >
Wednesday, May 22 2013 10:42 AM EDT2013-05-22 14:42:42 GMT
Everyone has seen food permits hanging inside restaurants, but what does it really say about the establishment. Now, people can check if their favorite hotspot made the grade faster than they can cutMore >
Everyone has seen food permits hanging inside restaurants, but what does it really say about the establishment? Now, people can check if their favorite hot spot made the grade faster than they can cut into a steak.More >
Tuesday, May 21 2013 3:29 PM EDT2013-05-21 19:29:04 GMT
For months, concerns had been raised about the welfare of Lucas Webb. Born Jan. 3, 2008, Lucas knew much pain and suffering in his four short years. More >
State records released Monday show how Missouri social workers failed to adequately pursue allegations of abuse involving a preschooler. Lucas Webb, 4, would die five days after the state closed the abuse investigation.More >
Wednesday, May 22 2013 6:21 PM EDT2013-05-22 22:21:12 GMT
(RNN) - British officials are saying one man is dead and two others were injured in a possible terrorist attack in London on Wednesday.According to BBC News, eyewitnesses said man was attacked in a streetMore >
One man is dead after two men attacked him in broad daylight with knives and meat cleavers. More >
Wednesday, May 22 2013 2:56 PM EDT2013-05-22 18:56:54 GMT
(RNN) – Of the 24 killed in the EF-5 tornado that decimated Moore, OK, 10 are children - two of which are infants according to a release by the Oklahoma City Medical Examiner's Office. All the childrenMore >
Six people are still unaccounted for in Moore, OK. Ten children, which includes two infants, were killed by the EF-5 tornado, according to the Oklahoma City Medical Examiner's Office.More >
Wednesday, May 22 2013 2:30 PM EDT2013-05-22 18:30:34 GMT
ORLANDO, FL (RNN) – A man with possible ties to a Boston Marathon bombing suspect was shot and killed after the FBI interviewed him early Wednesday. The FBI confirmed a special agent fatally shot a manMore >
A news release from the FBI Boston division stated the shooting took place early Wednesday when Ibragim Todashev, the shooting victim, started a "violent confrontation."More >
Tuesday, May 21 2013 7:16 PM EDT2013-05-21 23:16:48 GMT
MOORE, OK - The Oklahoma County Sheriff's office tweeted a photo of a frightened, muddy dog Monday after the deadly EF-5 tornado ripped through the town.The comment accompanying the photo said, "scared,More >
A heartbreaking photo of a little dog guarding the body of his owner, who was killed in the Moore, OK, tornado, is going viral.More >
Tuesday, May 21 2013 5:50 PM EDT2013-05-21 21:50:06 GMT
Shawnee police searched along westbound Interstate 70 in Kansas City, KS, Tuesday afternoon, looking for a gun used in a murder that occurred three years ago. Captain Bill Hisle with the Shawnee PoliceMore >
Shawnee police searched along westbound Interstate 70 in Kansas City, KS, Tuesday afternoon, looking for a gun used in a murder that occurred three years ago.More >