Pakistani Man Arrested in $126 Million Counterfeit U.S. Postage Scheme

The arrest could determine whether he faces U.S. extradition or a Pakistani trial as authorities trace millions of fake labels and related bank accounts.

Overview

Pakistani cybercrime agents arrested 33‑year‑old Faheem Akram on Tuesday, Oct. 20, 2026, ending a weekslong, multi‑province search that included dozens of raids and dozens of interviews.
U.S. prosecutors indicted Akram on Sept. 28 in the Southern District of Florida, alleging he ran LabelsBank.com and caused more than $126 million in losses to the U.S. Postal Service.
Investigators say the site sold about 5.1 million counterfeit U.S. postage labels to roughly 5,200 customers at roughly $2 each, letting users ship at far below official rates.
Pakistani authorities say they traced the operation to 16 bank accounts, some held by relatives, and used AI, call data records, IMEI tracking, camera footage and a locator operation in the probe.
Officials have reported rewards for information and are now pursuing asset tracing, possible additional arrests and the unresolved question of whether Akram will be extradited to the United States or tried in Pakistan.