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Posted on 10/11/18 at 9:52 am to Smeg
quote:
Stamps don't expire. They are like cash.
What if they don't think they'll ever use the mass quantity of stamps they bought and they want to get rid of them quickly for cash?
Posted on 10/11/18 at 12:40 pm to Smeg
Who the frick sits around and thinks of stamps as currency? 
Posted on 10/11/18 at 1:15 pm to LSUsmartass
quote:
Who the frick sits around and thinks of stamps as currency?
Inmates
Posted on 10/11/18 at 2:02 pm to 756
Stamps weren't found "missing" because he increased the stamp reserve from $70k to over $600k in reserves. How often are the actual stamp reserves checked except by the guy in charge of it?
He only got caught because he was moving too many, too quickly. He had $58,000 in payments in one month alone. PayPal/Ebay called USPS and said to check him out. Not even Harrah's reported him losing $220,000 in 2017.
I bet if he kept the amount to an extra $15k/month, then he would not be caught. Heck if he split up selling to eBay, craigslist, etc. and used PayPal, venmo, checks/cash, etc. for transactions, then he probably could have stayed at that $50k/month.
He only got caught because he was moving too many, too quickly. He had $58,000 in payments in one month alone. PayPal/Ebay called USPS and said to check him out. Not even Harrah's reported him losing $220,000 in 2017.
I bet if he kept the amount to an extra $15k/month, then he would not be caught. Heck if he split up selling to eBay, craigslist, etc. and used PayPal, venmo, checks/cash, etc. for transactions, then he probably could have stayed at that $50k/month.
Posted on 10/11/18 at 2:55 pm to 756
Posted on 10/11/18 at 2:57 pm to 756
Wow.
Was he mailing himself to Las Vegas?
Was he mailing himself to Las Vegas?
Posted on 10/11/18 at 2:58 pm to Corkfather
quote:After stealing over $600k and being outed by other organizations. Sad that there are no controls in place to prevent or detect this volume of theft.
Well they caught him and are prosecuting him so there’s that.
Posted on 10/11/18 at 3:28 pm to TheCaterpillar
quote:
Or they thought a business or person bought way too many stamps for themselves and was trying to get something for them instead of just letting them go to waste.
Stamps go to waste? They go bad? Lololol
Posted on 10/11/18 at 4:24 pm to 756
Knew this guy. Super cool guy years ago. Got a leadership position at USPS and slowly began to change, wasn’t the same person. Then his wife was killed in a car wreck a few years back. Crazy how much a person can change and also shows never know what a person is dealing with
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