Counterfeit US Postage - $60 Million In Lost Revenue

Here is an interesting news item:

A California woman is accused of shipping over 9 million parcels using counterfeit postage, costing the USPS $60 million in lost revenue.

https://www.businessinsider.com/wom...onths-2023-6
*** Moved by Staff to a more appropriate forum. ***

I saw that on the news. I think they knew about it for some time. The lady's husband left the country and she took over the business. So it seems they are going after the biggest violators first. I just wonder if they are going to get the one an Wish and Amazon that has been sell counterfit postage. They have been selling rolls and booklet plains for a long time now.

Where do you see this going or do you think they are done with this one?

Uknjay,
You can easily search online and find a number of Chinese companies which are openly marketing and selling large quantities of counterfeit US postage. The USPS could address this at the 'source' level but this would then involve the overall American-Chinese trade relationship and I assume this would then start phones ringing in the offices of powerful elected US officials.
(My assumption is based upon the lack of action to stem the flow of fentanyl chemicals which would seem to be a higher priority than counterfeited merchandise.)
Don

"Counterfeit postage" does not mean just stamps, in means any counterfeit franking which may include postage stamps.

A read of the article indicates much of the counterfeit postage came from an out of date meter:


Within the boxes being shipped were found counterfeit postage stamps.

60 million here, one hundred million there and pretty soon you are talking about real money.

Also not mentioned is the lost revenue to other companies that operate legitimate businesses that were likely undercut. If found guilty, hope there is some time in the slammer for these folks; and hopefully some sort of restitution to the taxpayers who usually end up eating the bill.