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Post office syndicate convicted – Independent Online

Independent Online Post office syndicate convictedIndependent OnlineMostly branch managers and tellers at Ekurhuleni and the East Rand post offices, the gang would clone IDs and use them to open savings accounts that were used to channel huge amounts of cash from post office coffers. In June 2008, four accounts were …

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Post office loses record $15.9B

WASHINGTON – The struggling U.S. Postal Service Thursday reported an annual loss of a record $15.9 billion and forecast more red ink in 2013, capping a tumultuous year in which it was forced to default on billions in payments to avert bankruptcy. More: continued here

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Post Offices Cut Hours, USPS Eyes $15.9B Loss – Wheeling Intelligencer

Wheeling Intelligencer Post Offices Cut Hours, USPS Eyes $15.9B LossWheeling IntelligencerGLEN DALE – McMechen and Glen Dale residents opposed reduced mail service hours proposed Thursday, but U.S. Postal Service representatives said their economic situation has left them no choice. Reducing operating hours for the communities' post… More: continued here

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