"... Bernie Madoff Would be Proud
“This is a PONZI-like scheme Bernie Madoff would be proud of,” he added in oral comments. The Postal Service diverts mail volume to the private sector, using an exaggerated per-piece cost to set postage discounts. At the same time, discount-funded private mail processing plants are opened, while more efficient USPS processing centers are consolidated, he said.
“The results benefit major mailers, while making the USPS less efficient and more expensive,” Burrus said...."
Postal news for those interested in the mailing industry, postal employees, stamp collecting, etc...
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Wednesday, May 19, 2010
Major Mailer Discounts at the Expense of the Average American Customer?
Tuesday, April 20, 2010
Postal Service must do better job when screening applicants
"...After reading the U.S. Postal Service investigation on Mark Lamberson, a registered sex offender, it makes me wonder if the government is properly doing its job...."
This Article is From: www.thecalifornian.com
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Monday, February 1, 2010
Postal worker faces forgery counts
"...A U.S. Postal Service employee was arrested Thursday after federal investigators said she forged hospital excuse slips to justify paid sick days she received...."
This Article is From: www.journalgazette.net
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Tuesday, November 17, 2009
Identity theft booms, even as thieves rely on old-fashioned methods
"...Fourteen percent of identity theft incidents came from online or data breaches, and 5 percent from postal fraud. Once your information has been obtained, thieves tend to open up new credit cards, Travelers reports. Stolen information is used for new accounts 75 percent of the time. ..."
This Article is From: www.creditcards.com
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Somersworth postal union head claims time sheets were altered
"...Management would electronically delete overtime from the time sheets, according to Bob Guilmette, the union representative for Somersworth employees in the National Association of Letter Carriers...."
This Article is From: www.fosters.com
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