Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
How Stolen Treasury Checks Became a $121M Mess
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe28 OCT 2026 / BUSINESS
Four individuals, Saahir Irby, Tauheed Tucker, Cory Scott, and Alexander Telewoda, were involved in a significant fraud scheme where Irby and Tucker, as USPS mail clerks, stole U.S. Treasury checks and handed them over to Scott and Telewoda, who resold the checks online. This operation, which resulted in more than $11 million successfully negotiated at financial institutions from stolen checks valued over $121 million, underscores vulnerabilities in payment processes and highlights the need for enhanced verification and internal controls to prevent theft and misuse.
Two postal employees had access to U.S. Treasury checks. Two other men resold those checks online. Buyers across the country tried to cash them. By the time federal authorities shut the operation down, stolen checks linked to the scheme had an aggregate f...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $189 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
