USPS mail theft led to $688M in ‘suspicious activity’ tied to check fraud

"...The Postal Service’s surge in mail theft cases contributed to hundreds of millions of dollars in suspected check fraud cases last year, according to a recent Treasury Department analysis.

Treasury’s Financial Crimes Enforcement Network (FinCEN) received more than 15,400 reports of suspected mail theft-related check fraud under the Bank Secrecy Act (BSA) from more than 840 financial