April 16, 2002 - United States Attorney Patrick L. Meehan today announced the filing of an information* charging Gray M. Stiglitz and Wayne A. Stiglitz each with two counts of filing false tax returns, in violation of 26 U.S.C. §7206(1), and two counts of mail fraud, in violation of 18 U.S.C. §1341. The information alleges that the Stiglitzs fraudulently submitted over 1.9 million unredeemed manufacturers' cents-off coupons valued in excess of $1,000,000 to coupon redemption centers during 1993 through October of 1997. The information also charges that Gary M. Stiglitz and Wayne A. Stiglitz each failed to report income totaling over $93,000 obtained from the coupon scheme during the years 1996 and 1997.

DEFENDANT	ADDRESS	AGE [Date of Birth]
Gary M. Stiglitz Wayne A. Stiglitz	24 Seedling Drive Holland, PA 18966   253-2 Echelon Road Voorhees, NJ 08043	May 10, 1956     September 5, 1953

If convicted on all counts each of the Stiglitzs face a maximum penalty of 16 years imprisonment, a 3 year term of supervised release, a $1,000,000 fine, a $400 special assessment, costs of prosecution, and payment of all taxes, penalties, interest, and restitution. This case was investigated by the Criminal Investigation Division of the Internal Revenue Service and the U.S. Postal Inspection Service and has been assigned to Assistant United States Attorney Paul A. Sarmousakis for prosecution.