Friday, 4 January 2019
Couple Jailed For Selling Used Stamps on eBay
Let this be a warning to all those people who sell used stamps for postage on Internet auction sites.
It had to happen, it was just a matter of time. Royal Mail have prosecuted a crooked Birmingham couple who defrauded the company by washing and selling used stamps as new on eBay. They have both been jailed for two years.
The couple ran the scam as a business for five years. It is estimated that they sold an incredible £443.000 worth of stamps over the period.
The vast majority of sales were to businesses and traders and there were multiple and repeat purchases. The business was so successful they registered it as a limited company called Stampbusters.
Sellers and buyers of used stamps for postage beware, Royal Mail are fighting back!!
You can read the complete report here.