ON
← Back to feed
Pakistan arrests man hunted by US over $126m postage fraud case
United Kingdom🏛️ Politics22 hr. ago

Pakistan arrests man hunted by US over $126m postage fraud case

Pakistan's cybercrime agency has arrested Faheem Akram, a 33-year-old man from Khanewal, Pakistan, who was wanted by U.S. authorities for involvement in a large-scale postage fraud scheme. Akram is accused of operating a fraudulent website called LabelsBank.com, where he sold over 5.1 million counterfeit shipping labels to U.S. customers since 2023. These labels allowed users to ship packages at significantly reduced rates, causing an estimated $126 million in losses to the U.S. Postal Service. He was indicted by a federal grand jury in Florida on multiple charges, including conspiracy to defraud the United States, making and selling counterfeit postage stamps, and wire fraud. The U.S. Postal Inspection Service had previously offered a $100,000 reward for information leading to his arrest. If convicted, Akram could face up to five years in prison for the conspiracy and counterfeit postage charges, and up to 20 years for each wire fraud charge.

Pakistan’s cybercrime agency arrested Faheem Akram, a 33-year-old resident of Khanewal, who is accused of operating a counterfeit postage scheme that cost the United States Postal Service $126 million. The US Postal Inspection Service had previously offered a reward of up to $100,000 for information leading to his capture. Akram was indicted by a federal grand jury in Florida last month for managing a fraudulent website known as LabelsBank.com. Prosecutors allege that Akram sold more than 5.1 million counterfeit shipping labels to over 5,200 customers starting in 2023. He sold these labels at a fixed rate of approximately two dollars each, ignoring factors such as package weight, size, or destination. This practice allowed buyers to ship items at rates significantly lower than legitimate postal prices, causing substantial financial loss to the postal service. Authorities have since shut down the website used for the sales. Akram faces multiple charges, including one count of conspiracy to defraud the United States and to make and sell counterfeit postage stamps. He also faces five counts of making and selling counterfeit postage stamp labels and four counts of wire fraud. According to the US Attorney's Office for the Southern District of Florida, a conviction on the conspiracy and counterfeit postage counts carries a maximum penalty of five years in prison. Each wire fraud count carries a potential maximum sentence of 20 years. The total estimated damage to the US Postal Service stands at $126 million, equivalent to roughly £94 million.

How this report was made. Objective News wrote this report from 2 source articles, using AI-assisted synthesis under our methodology. It is our own text, not a copy of any single outlet. Read our methodology.

Responsible editor: Matej BašaSpotted an error? Report it

2 reports

BBC News (World) logoBBC News (World)State / PublicCenterFactual 98Objective 97yesterday
Pakistan arrests man hunted by US over $126m postage fraud case

Pakistan's cybercrime agency has arrested Faheem Akram, a 33-year-old man from Khanewal, Pakistan, who was wanted by U.S. authorities for involvement in a large-scale postage fraud scheme. Akram is accused of operating a fraudulent website called LabelsBank.com, where he sold over 5.1 million counterfeit shipping labels to U.S. customers since 2023. These labels allowed users to ship packages at significantly reduced rates, causing an estimated $126 million in losses to the U.S. Postal Service. He was indicted by a federal grand jury in Florida on multiple charges, including conspiracy to defraud the United States, making and selling counterfeit postage stamps, and wire fraud. The U.S. Postal Inspection Service had previously offered a $100,000 reward for information leading to his arrest. If convicted, Akram could face up to five years in prison for the conspiracy and counterfeit postage charges, and up to 20 years for each wire fraud charge.

Bias read (Center): The article reports on a criminal arrest related to international fraud, focusing on factual details such as the charges, the scale of the fraud, and legal consequences. There is no evident ideological framing, biased language, or selective emphasis on particular perspectives. The content remains a

Why factuality (98): The article provides specific details such as the amount of financial loss ($126 million), the name of the suspect (Faheem Akram), the domain involved (LabelsBank.com), and the legal charges against him. These facts align with the cross-source consensus and appear to be accurately reported.

Why objectivity (97): The article presents the information in a neutral manner, avoiding any overtly biased language or framing. It reports the facts without apparent editorializing or opinion.

Sky News (World) logoSky News (World)IndependentCenter22 hr. ago
Man arrested in Pakistan over $126m counterfeit postage scheme

A man was arrested in Pakistan and charged with operating a counterfeit postage scheme that defrauded the US Postal Service of $126 million (£94 million). The individual is alleged to have produced fake stamps or postal items that were used to bypass proper postage requirements, leading to significant financial losses for the US Postal Service. This type of fraud typically involves creating counterfeit postage markings that allow individuals or businesses to send mail without paying the required fees. Such schemes can undermine the integrity of postal systems and result in substantial economic harm. Authorities in Pakistan have taken action against the suspect, indicating an international effort to combat postal fraud.

Bias read (Center): The article reports on a criminal arrest related to a large-scale fraud involving the US Postal Service. While the incident has implications for international law enforcement cooperation and could touch on issues of national security or economic crime, the article does not present any overtly biased

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €4/month.

Become a Supporter

Related stories