Washington, September 28, 2026 (Yes Punjab News)
A Pakistani national has been charged in a US federal court for allegedly operating a website that sold more than 5.1 million counterfeit postage labels, causing losses of over $126 million to the US Postal Service.
A federal grand jury in the Southern District of Florida indicted Faheem Akram, 33, of Khanewal, Pakistan, in connection with the alleged operation of LabelsBank.com.
According to prosecutors, the website sold counterfeit postage labels for a fixed price, typically $2 each, regardless of a package’s weight, size or destination. The site was not authorised to sell Postal Service products or services, prosecutors said.
Investigators found that more than 5,200 people purchased over 5.1 million labels through the website. Customers allegedly used the counterfeit labels to ship parcels at prices substantially below legitimate postage rates.
Prosecutors estimated that the resulting lost revenue and shipping costs to the US Postal Service exceeded $126 million. The allegations have not been proven in court.
“The alleged scheme was simple but massive,” US Attorney Jason A. Reding Quinones for the Southern District of Florida said, alleging that the operation enabled customers to avoid legitimate Postal Service charges.
The Postal Service obtained a court order authorising the seizure and shutdown of LabelsBank.com in connection with the indictment. The website’s domain has been seized and the operation shut down, prosecutors said.
Akram faces one count of conspiracy to defraud the United States and to make and sell counterfeit postage stamps, five counts of making and selling counterfeit postage stamp labels, and four counts of wire fraud.
If convicted, he could face up to five years in prison on the conspiracy and counterfeit-postage counts and up to 20 years on each wire-fraud count.
The US Postal Inspection Service’s Miami Division is investigating the case. Inspector in Charge Bladismir Rojo said the agency would continue pursuing individuals accused of using counterfeit postage to defraud the Postal Service.
The release did not specify where Akram was when the indictment was returned or whether he had appeared before a US court.
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