Why Postage Stamps are Still Relevant... and Still a Target for Fraud

In June, police officials in India exposed a counterfeit postage stamp scam worth INR 25 million ($290,000), while last year, in the US, a California resident pleaded guilty to defrauding the United States Postal Service out of more than $150 million through fake stamps. Similarly, in the UK, Royal Mail investigated the mass counterfeiting of its new barcoded stamps after customers reported being forced to pay a £5 penalty to collect mail due to counterfeit stamps.