Officials with the world’s largest commercial real estate company have represented both the U.S. Postal Service and buyers of postal properties on at least 10 occasions, a conflict of interest that should be barred, according to a government watchdog.

The agreement allowing Los Angeles-based CBRE Group to profit on both ends of postal property sales “could lead to financial loss to the Postal Service and decrease public trust in the Postal Service’s brand,” the postal service’s inspector general has warned the agency. The IG sent out an “alert” about the issue to USPS management last month.

Recommended Stories

USPS thinks political candidates are first class, sees voters as bulk mail

Guess what this ‘federal employee of the year’ was doing with mail

Delays, bad planning in program for faster mail risk $89.8m in postal savings