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US Stamp Counterfeiting Article Online Today.

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Pillar Of The Community
United States
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Posted 05/17/2018   5:40 pm  Show Profile Check 3193zd's eBay Listings Bookmark this topic Add 3193zd to your friends list Get a Link to this Message
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Michael Darabaris

Pillar Of The Community
United States
7239 Posts
Posted 05/17/2018   5:52 pm  Show Profile Bookmark this reply Add bookbndrbob to your friends list  Get a Link to this Reply
"A billion here, a billion there, pretty soon it adds up to real money."
U.S. Sen. Everett Dirksen 1896-1969

Same idea, slightly different scale.
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Pillar Of The Community
United States
8956 Posts
Posted 05/17/2018   6:13 pm  Show Profile Bookmark this reply Add Petert4522 to your friends list  Get a Link to this Reply
Ya, but why worry as long as the taxpayers are good for it

Peter
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Bedrock Of The Community
12569 Posts
Posted 05/17/2018   6:30 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Estimated at a 134 million dollar loss for the USPS back in 2010.

http://www.foxnews.com/us/2010/12/0...-lickin.html
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United States
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Posted 05/17/2018   7:00 pm  Show Profile Bookmark this reply Add raymodj to your friends list  Get a Link to this Reply
Interesting article, but it's too bad the journalist didn't do a little more investigating on his own before writing it. Hit those mom and pop stores with a few colleagues and see just how many counterfeits they find. Maybe even try to set up a big buy. Any information would be better than "I don't know how much money the post office is losing, and they don't care".

Just seems like he has an axe to grind...
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Rest in Peace
United States
4052 Posts
Posted 05/17/2018   8:05 pm  Show Profile Bookmark this reply Add ikeyPikey to your friends list  Get a Link to this Reply
To get a handle on the financial risk to the USPS, we might ask:

Q/ What percentage of letter mail bears a stamp?

Q/ What is the marginal cost of carrying a letter?

Q/ What are the ways that the USPS loses money (overpaid suppliers, fraudulent claims, etc), and how do they compare (in scale) with undetected counterfeit postage?

Q/ Any guesses on whether/not gasoline syphoned from postal vehicles amounts to a greater loss?

Cheers,

/s/ ikeyPikey
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Bedrock Of The Community
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Posted 05/17/2018   8:21 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
134 million dollars is 134 million dollars.
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Rest in Peace
United States
4052 Posts
Posted 05/17/2018   10:47 pm  Show Profile Bookmark this reply Add ikeyPikey to your friends list  Get a Link to this Reply
Why rely on any news item when you can easily read the original report at:

https://postalinspectors.uspis.gov/...0only508.doc

First of all, that 134m U$D is the total of all revenue loss, to wit:

Quote:

Postal Inspectors identified $134.42 million in revenue fraud losses.


Moreover, the report identifies counterfeit stamps as only one of ten ...

Quote:

... Counterfeit stamps ... are one of the 10 biggest threats to Postal Service revenue, according to the 2009 annual report of the U.S. Postal Inspection Service ...


Now, notice where "counterfeit stamps" falls on the list:

Quote:

Postal Inspection Service expertise in revenue protection and investigation identified recurring risk in 10 specific areas which pose the greatest threat to Postal Service revenue:

Fraudulent bypass mailings, where a mailing bypasses postal employee verification and payment.

Improper presorted (discount) mail, where the mailer submits more mail than claimed or claims refunds for higher mail volumes than were entered in the mailstream.

Altered plant-verified drop shipments, in which the mailer adds pieces after a mailing is verified or otherwise misrepresents the mailing.

The mailing fails to meet requirements for the rate claimed or does not have a valid authorization for preferential rates, such as for Periodical or nonprofit mail.

Bribery, collusion, or employee misconduct. For example, the mailer, alone or with the help of a postal employee, avoids postage payments.

The mailer counterfeits meter indicia or manipulates meters to avoid paying postage.

The mailer counterfeits or alters information-based indicia (IBI) postage.

The mailer uses a fraudulent credit card or bad check to pay for postal products or services.

The mailer uses counterfeit stamps.

A third-party mailer charges postal customers for services not provided, giving customers the impression the Postal Service failed to provide the service.


Lastly, the report:

- does not tell us which sources of revenue loss are most easily (productively) (profitably) defeated, and

- does not tell all of the other sources of loss to the USPS which might dwarf counterfeit stamps.

However, reading the 59-page will give you a handy list of things that are almost certainly more important to them, and to us.

Cheers,

/s/ ikeyPikey
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Bedrock Of The Community
12569 Posts
Posted 05/18/2018   12:09 am  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Ikey my dear, you have convinced me that counterfeiting is like jaywalking. Pay no mind.

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Pillar Of The Community
United States
7239 Posts
Posted 05/18/2018   5:54 pm  Show Profile Bookmark this reply Add bookbndrbob to your friends list  Get a Link to this Reply
Re: Postal Inspectors

"Now, notice where "counterfeit stamps" falls on the list:"

I don't aim to be picky, but I can't see anywhere in the text of this material that the items the postal inspectors have listed are ranked in importance, i.e. amount of loss. Please correct me me if I am in error.

A second point is this: If they are ignoring a problem, how in the world do they have any idea how big it is? While they have given a few examples of successful investigations for several other threats, there is not word beyond the one sentence listing Of stamp counterfeiting as a problem.
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Rest in Peace
United States
4052 Posts
Posted 05/18/2018   7:55 pm  Show Profile Bookmark this reply Add ikeyPikey to your friends list  Get a Link to this Reply
Go ahead and be picky; I know I do, and its fun!

Ranking: you will notice that the first five items involve hundreds or thousands of pieces per occurrence. The last five, not so much.

Awareness: yes, they can only be aware of what they are aware of, but you'll notice that one of the referenced news reports includes the author reporting that mail with counterfeit stamps was returned to her, with an appropriate endorsement. Therefor, there is some sort of detection going on; perhaps automated (the facer-cancelers have to find the stamp in order to face & cancel the stamp, suggesting an opportunity for automated verification) or, perhaps, not.

In any case, it is a bit of a tautology that they can only report on things of which they are aware, and care.

That having been said, I see no reason to ass-u-m-e that the Postal Inspection Service must be lazy & inept when it comes to revenue protection.

Cheers,

/s/ ikeyPikey
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Pillar Of The Community
United States
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Posted 05/18/2018   9:15 pm  Show Profile Bookmark this reply Add bookbndrbob to your friends list  Get a Link to this Reply
It is unfortunate that the U.S. Postal Inspectors do not pursue the counterfeiters; I am sure they have bigger problems. Policing agencies are typically underfunded. They use their resources on the biggest problems and those where they have the greatest chance of success.

It would be interesting to know just how big, or small the problem is. The USPS is the only organization in a position to understand the size of the losses.

Stories on counterfeit U.S. stamps have appeared in Linn's Stamp News over the last several years. They have not been good publicity for the USPS.
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Rest in Peace
United States
4052 Posts
Posted 05/19/2018   1:46 pm  Show Profile Bookmark this reply Add ikeyPikey to your friends list  Get a Link to this Reply

Quote:
Stories on counterfeit U.S. stamps ... have not been good publicity for the USPS.


No one likes to think that they are the only sucker paying full price and, given the USPS customer base, every story about counterfeit stamps makes a sucker out of just about everybody.

I miss the days when they would 'boot' scofflaw-owned cars; visible public punishment can be very satisfying to folks who behave themselves and obey the law.

Cheers,

/s/ ikeyPikey
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United States
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Posted 05/19/2018   2:15 pm  Show Profile Bookmark this reply Add 51studebaker to your friends list  Get a Link to this Reply

Quote:
...visible public punishment can be very satisfying to folks who behave themselves and obey the law...

Taken at the last ikeyPikey family picnic


Don

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Rest in Peace
United States
4052 Posts
Posted 05/19/2018   3:11 pm  Show Profile Bookmark this reply Add ikeyPikey to your friends list  Get a Link to this Reply
Nailed it!
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Bedrock Of The Community
12569 Posts
Posted 05/19/2018   3:16 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
It is a stock photo. LOL!
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