The Postal Service fairly stated selected accounting transactions in the general ledger and controls over those transactions were operating effectively.
In our opinion, the Reclassified Financial Statements referred to above present fairly, in all material respects, the financial position of the Postal Service as of September 30, 2025, and its net costs and changes in net position for the year then ended in accordance with United States (U.S.) Generally Accepted Accounting Principles (GAAP).
As part of a decade-long investigation, the USPS Office of Inspector General uncovered a massive health care fraud scheme involving Texas pharmacies and medical providers.
Postal Service contracts can be complex. EMCOR, a major USPS contractor, assigns service calls to subsidiaries that perform work for the agency — a good part of it maintenance and repairs at postal facilities.
A mail carrier tried bankrolling his drug addiction by stealing mail, but by the time he wanted out of the wrong crowd he’d gotten into, it was too late.