Starbucks (NASDAQ:SBUX) Seeing ‘Fake’ Coupons for Free Coffee

Starbucks (NASDAQ:SBUX) Seeing ‘Fake’ Coupons for Free Coffee

Starbucks (NASDAQ:SBUX) Seeing ‘Fake’ Coupons for Free Coffee


Now, just 6 days after 2 Black American men were arrested at a Philadelphia Starbucks (NASDAQ:SBUX), virtual hoax is falsely suggesting the company has issued a coupon that entitles Black Americans to free coffee.

The fake coupons followed days of protest, a personal apology to the men from the company’s CEO and an announcement the company would close more than 8,000 US stores on 29 May (at a cost of $60-M) for former Hussein Obama era AG Eric Holder to educate its employees about racial bias.

The fake coupons circulating on social media say the holder is entitled to 1 free drink “Limited to persons of African American heritage and/or identity.”

The tag line

“The best dialogue starts over a cup of coffee, and we’d like to buy you one.”

They appear to have originated on 4chan, which noted that in some coupons, “Baristas are instructed to use discount code 1488, the combination of 2 numbers that have become symbols of white supremacy. The QR code for the coupon links to a website page that translates the code as the N-word.”

“This is completely false and in no way associated with Starbucks,” a company spokesperson said.

Referencing the coupons seems to have gotten 1 man a free coffee.

Twitter user Bryan Sharpe posted a video of himself going into a Starbucks and saying, “I heard y’all was racist, so I came to get my free coffee.”

“Is that a real thing? I mean, I’ll give it to you. I saw that on my Twitter last night,” said the barista, who makes pleasant conversation with Mr. Sharpe throughout the exchange.

HeffX-LTN learned late Wednesday that Mr. Sharpe’s free coffee request was a extemporaneous  request that went viral on his behalf.

Mr. Sharpe’s Twitter name is Hotep Jesus, and his page links to a site called Hotep Nation that states the group is “opposed to the Democratic Party” and is anti-Black Lives Matter.

It is not the first time Internet hoaxers have circulated fake Starbucks coupons.

In August, fake coupons for a “Dreamer Day” at the coffee shop began to circulate, saying undocumented immigrants would be entitled to a 40% discount on coffee.

The coupons, which also appeared to originate on 4chan, used the hashtag “#borderfreecoffee.” Starbucks debunked the hoax on Twitter.

Seem that some folks believe that coffee at the very liberal Starbucks coffee house chain is an entitlement.

Symbol Last Trade Date Change Open High Low Volume
NASDAQ:SBUX 59.5 18 April 2018 -0.33 59.73 59.83 59.44 5,914,100
HeffX-LTN Analysis for SBUX: Overall Short Intermediate Long
Bullish (0.34) Bullish (0.40) Bullish (0.41) Neutral (0.22)

Stay tuned…

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.