Posted on 09/28/2026 2:48:31 PM PDT by DFG
A Pakistani man has been indicted in South Florida for operating a counterfeit U.S. postage label scheme that caused over $126 million in losses to the U.S. Postal Service, federal prosecutors said.
Faheem Akram, 33, of Khanewal, Pakistan, is charged with 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, the U.S. Attorney's Office for the Southern District of Florida said Monday.
The indictment returned by a federal grand jury is a result of an investigation by the U.S. Postal Inspection Service Miami Division.
Investigators said Akram operated LabelsBank.com, which allegedly sold counterfeit U.S. postage at a fixed rate, typically $2 per label, regardless of weight, size or destination.
The website wasn't authorized to sell USPS products but allegedly sold more than five million counterfeit labels to over 5,200 customers that allowed the customers to ship packages at rates far below legitimate prices.
The counterfeit labels cost the USPS over $126 million in losses, authorities said.
Authorities said the website has been seized and shut down.
The LabelsBank.com seizure notice
“The alleged scheme was simple but massive: sell counterfeit postage online at fixed, cut-rate prices, as little as $2 per label, regardless of a package’s weight, size, or destination, enabling customers to avoid legitimate Postal Service charges," U.S. Attorney Jason A. Reding Quiñones for the Southern District of Florida said in a statement. "The indictment alleges more than 5.1 million counterfeit labels and more than $126 million in losses. Through the work of the U.S. Postal Inspection Service and our prosecutors, the website has been shut down, the domain seized, and federal charges brought against its alleged operator, a Pakistani national."
Akram faces a maximum penalty of five years in prison on the conspiracy and counterfeit postage counts and 20 years in prison on each wire fraud count if convicted.
"Our reach goes beyond our borders," said Inspector in Charge Bladismir Rojo of the U.S. Postal Inspection Service (USPIS) Miami Division. “Transnational criminal organizations defrauding the Postal Service and targeting U.S consumers by pushing phony postage, will be found and brought to justice."
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How many paki men have been dem operatives in the last 20 years? I believe the clintoons had their share and both escaped us prosecution.
Pakistan is a boil on the ass of the Earth.
L
legal or illegal border jumper?
Not a Florida man?
How did it get to over $126 million in losses before they caught him?
No excuse for that. His ass should have been locked up years ago. Better yet, he never should have been here.
Piker. He should have run for Congress as muslim wanting to destroy America.
He would have made much more than $100M. Legally.
Diversity Is Our Strength
The department serves nothing more than a redistribution agency for taxpayer money and a permanent job for useless bureaucrats. Continue weeding out fraud but start with a fraudulent government agency.
Committing the fraud Americans won’t commit… at least, not as brazenly as the freeloading invaders.
Gee. It looks like we have outsourced entitlement fraud to immigrants, moth legal and illegal
Wow those Pakis seem so trustworthy
so, if some paki can come with a POSTAGE STAMP scam to rip off 126 million from the US taxpayers.........
just think what crooked pols & gummit funded NGOs that actually have control of where the money gods can get away with
Pakis, Indians, Skinny Somalis...the Italian mafiosi are getting jealous!
You ask, “how did it get to over 126M?”
Maybe 126M for is just a few hours to the USPS.
Who let this dirtbag into the country?
“”””The website wasn’t authorized to sell USPS products but allegedly sold more than five million counterfeit labels to over 5,200 customers that allowed the customers to ship packages at rates far below legitimate prices.””””
So is DOJ going to go after the 5,200 customers for using fraudulent labels?
And how many of those 5,200 people are illegals?
“Maybe 126M for is just a few hours to the USPS.”
The U.S. Postal Service generated an average of $267.3 million in daily revenue during fiscal year 2025.
Newman will handle this.
In 1920, Charles Ponzi ran a massive financial fraud in Boston by promising investors a 50% profit in 45 days.
💡 Ponzi scam never dies /1920
• The Pitch: Ponzi claimed he was making money by buying and reselling International Reply Coupons (IRCs) for postage stamps across different countries.
• The Reality: He never bought or sold the coupons on a large scale.
• The Payout: He used cash from new investors to pay off the promised returns to earlier investors.
• The Scale: He took in roughly $15 million in just eight months through his Securities Exchange
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