Man Stole $630K in Stamps to Support Gambling Habit

Submitted by Associated Press on

Written by :

Associated Press

Published on :

KENNER, La. (AP) - A post office manager in Louisiana is accused of stealing more than $630,000 in stamps and selling them online to support a gambling addiction.

News outlets report 46-year-old Ryan Cortez was arrested Wednesday on charges including misappropriating postal funds or property. Federal prosecutors say this is one of the largest internal postal thefts in U.S. Postal Service history. A criminal complaint says the Kenner man told authorities he stole stamps and sold them on eBay to support a gambling addiction.

The complaint says Cortez said he also embezzled nearly $10,000 from a church where he worked as a treasurer. Court records say the postal service began investigating Cortez when it learned he was selling "significant quantities" of stamps through the online auction website.

Cortez has been appointed a public defender.

Related Content

Fugitive Sports Betting Influencer Vegas Dave Could Be Extradited From Bora Bora

Fugitive Sports Betting Influencer Vegas Dave Could Be Extradited From Bora Bora

A flashy sports betting influencer — known for his Birkin bag collections and mansions — was slapped with an arrest warrant from Las Vegas judge Joe Hardy Thursday after he no-showed a civil court proceeding, according to court records.
North Carolina Professor Says Purchase of Losing Lottery Tickets on eBay to Offset Gambling Losses 'Clearly Tax Fraud'

North Carolina Professor Says Purchase of Losing Lottery Tickets on eBay to Offset Gambling Losses 'Clearly Tax Fraud'

The scheme actually dates back to the 1980s...and don't think for a second the IRS is unaware of it.
Judge Issues Arrest Warrant for Las Vegas Sports Bettor 'Vegas Dave'

Judge Issues Arrest Warrant for Las Vegas Sports Bettor 'Vegas Dave'

A judge said he would issue an arrest warrant for Las Vegas sports betting figure David Oancea on Thursday after Oancea failed to appear in court. Oancea is better known in the sports betting community as "Vegas Dave".