13 Dec 2018
The Charity Commission has issued an alert to charities about postal stamp fraud
Stamp fraud involves the preparation, distribution and sale of
previously used stamps for reuse. Usually these stamps are sold
online, at a lower price than the standard postal service rate.
A number of charities collect used stamps as a means of
fundraising. Some are inadvertently enabling this form of fraud by
selling packages of used stamps, commonly referred to as
'kiloware'.The majority of these stamps are then prepared and
fraudulently re-sold as if they were valid postage.
Fundraisers may believe they are selling stamps to collectors
but this is rarely the case as these stamps have little collectable
Charities should avoid engaging in this activity unless they are
certain that the stamps collected and sold are genuinely being
bought by collectors, and are not being used for fraudulent
Charity Commission alert for more information about the warning
signs and how to avoid this kind of fraud.