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Since December 2021, U.S. Postal Service (USPS) officials have been warning people that if they see a deal on Forever Stamps that involves deep discounts, there's a good chance it's a scam.
The number of counterfeit stamps being sold online is escalating, postal officials said Wednesday. Scammers are peddling them on social media, through e-commerce and third-party vendors.
Scammers peddle fake stamps on social media marketplaces, e-commerce sites via third party vendors, and other websites. Counterfeit stamps are often sold in bulk quantities at a significant discount–anywhere from 20 to 50 percent of their face value. That’s a tell-tale sign they’re bogus.
A growing crime involves fake U.S. stamps printed overseas and smuggled into this country for sale online. The fraudulent activity hits the U.S. Postal Service (USPS) with multimillion-dollar revenue losses and leaves unwitting buyers stuck with worthless fake postage.
“There were some that were 100 stamps. That was $22.00. We all know that stamps are, you know, 65, 67 cents a piece for first-class stamps, so. You can just see the amount of discount there,” Carl Bates with the BBB said. These fake, discounted stamps come in a variety of designs that are meant to mimic real postage.
USPS only sells postal stamps at face value. So, if you see an ad for stamps at ridiculously low prices, they're likely counterfeit. Using, selling, or depositing items with counterfeit postage...
Scammers sell fake stamps on social media marketplaces, e-commerce sites via third party vendors, and other websites. Typically, scammers sell counterfeit stamps at a large discount. The Postal Inspection Service recommends purchasing from Approved Postal Providers™.