Like many of us, two Pennsylvania women would sit down with the Sunday newspaper each week and clip coupons to use at the grocery store. Unlike many of us, these two women would then exchange their coupons for cash, and deliver the money in sealed envelopes to their boss. Week after week after week.
Now, their boss has pleaded guilty to theft, for submitting nearly $300,000 worth of coupons to manufacturers for reimbursement that his customers never used. 60-year-old Michael Mihelic, who owns four Shop ‘n Save stores in the Pittsburgh area, reached a plea deal with prosecutors this week, just over a year after his arrest. Here’s the Coupons in the News article.