Postage Meter Fraud PDF Download

Excerpt from Postage Meter Fraud: Hearing Before the Subcommittee on Postal Operations and Services of the Committee on Post Office and Civil Service, House of Representatives, One Hundred Third Congress, First Session; November 10, 1993 The subcommittee met, pursuant to call, at 11:10 a.m., in room 304, Cannon House Office Building, Hon. Barbara-Rose Collins (chair of the subcommittee) presiding. Members present: Representative Collins. Miss Collins. The Subcommittee on Postal Operations and Services, hearing on postage meter fraud, will now come to order. Postmaster General, it is really a pleasure to see you here this morning. Mr. Runyon. Thank you. Miss Collins. Thank you all for joining us today. The hearing this morning will focus on the announcement by Postmaster General Runyon, that the Postal Service is losing $100 million annually to postage meter tampering fraud. There are approximately 1.4 million postage meters in service throughout the country. These devices, which should be tamper proof, are licensed by the Postal Service and manufactured primarily by the four companies who were invited to be here today. Since postage meters generate 40 percent, about $18 billion, of the Postal Service's $48 billion annual revenues, the Postal Service, while addressing the need to accommodate postal customers, must ensure the safeguard and protection of those revenues. However, there are numerous questions that must be addressed. Hopefully, today, with the assistance of the Postmaster General and the postage meter manufacturers, we will be able to adequately identify the causes for these massive losses and determine the appropriate solutions to eliminate this costly offense against the U.S. Postal Service and, ultimately, the taxpayers. Postage meter tampering must be stopped. We in Congress, and especially this subcommittee, intend to see that it does. I really look forward to your testimony. First, would you like to introduce yourselves? Statement of Marvin Runyon, Postmaster General Mr. Runyon. Yes, I would. Madam Chairman, I have with me three officers of the Postal Service: Mary Elcano, who is our general counsel; Pam Gibert is our Acting Vice President of Technology Applications; and Ken Hunter is the Chief Postal Inspector. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.