# Pakistani authorities arrest man accused in $126 million US postage fraud scheme

> Pakistani officials arrest suspect in $126 million US postage fraud scheme.
- Title: Pakistani authorities arrest man accused in $126 million US…
- Summary: Pakistani officials arrest suspect in $126 million US postage fraud scheme. Pakistani authorities arrested Faheem Akram, 33, accused of running a counterfeit…
- Keywords: pakistani authorities, faheem akram, labelsbank com, us postal service, counterfeit postage labels, us federal grand jury, khanewal, pakistan cyber crime investigation agenc, news, local, Pakistani, authorities
- Source: Seattletimes — https://seattletimes.com/nation-world/nation/pakistani-authorities-arrest-man-accused-in-126-million-us-postage-fraud-scheme
- Read time: 1 min
- Topics: pakistani authorities, faheem akram, labelsbank com, us postal service, counterfeit postage labels, us federal grand jury, khanewal, pakistan cyber crime investigation agenc, news, local
## Pakistani authorities arrest suspect
Pakistani officials arrested Faheem Akram, 33, accused of running a counterfeit postage website that cost the US Postal Service over $126 million.
## Counterfeit website operations
Akram operated LabelsBank.com from August 2023 through September 2026, selling 5.1 million counterfeit labels to 5,200 customers.
## Financial impact and scale
The scheme cost the US Postal Service over $126 million in lost revenue and shipping costs, using 16 bank accounts across family members.
## Legal status and next steps
Akram faces potential extradition to the US or trial in Pakistan; no response from US attorney's office on Wednesday.
## Key takeaway

Pakistani authorities arrested Faheem Akram, 33, accused of running a counterfeit postage website that allegedly cost the US Postal Service over $126 million.