Royal Mail Struggles with False Fraud Flags and Counterfeit Stamp Influx
Amidst a surge of counterfeit stamps from China, Royal Mail's systems mistakenly label genuine stamps as fraudulent, causing customer disputes and diplomatic tensions.
- Royal Mail's barcode scanning systems occasionally misidentify legitimate stamps as counterfeit, leading to wrongful charges for customers.
- An influx of counterfeit stamps from China, reportedly produced with the tacit approval of the Chinese government, has exacerbated the issue, prompting a diplomatic spat.
- Security experts describe the mass production of fake stamps as 'economic warfare,' likening it to printing counterfeit money.
- Royal Mail and the Post Office face credibility challenges as they struggle to manage the counterfeit stamp crisis effectively.
- Investigations reveal that counterfeit stamps are entering the UK market through smaller retailers and possibly compromised supply chains.