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Pakistan arrests man accused in $126 million US postage fraud

By ChordNews · First written (new coverage )

Pakistani authorities arrest man accused in $126 million US postage fraud scheme
Image: abcnews.com
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Summary

Pakistani authorities have arrested Faheem Akram, a man accused of running an online counterfeit postage operation that U.S. prosecutors say caused more than $126 million in losses to the U.S. Postal Service. According to the BBC, Akram was wanted by the United States over the case and allegedly sold more than 5 million fake postage labels for a fixed price of $2 each. Al Jazeera reports that he has been charged with several offences, including conspiracy to defraud the United States, and Sky News puts the losses at $126 million, or £94 million.

Later: Pakistani man arrested over alleged fake USPS postage label website

Timeline

  1. ABC News

    Source ↗

    ABC News reports that Pakistan arrested a man accused of running an online counterfeit postage operation that U.S. prosecutors say caused more than $126 million in losses to the U.S. Postal Service.

  2. BBC

    Source ↗

    The BBC reports that Pakistan arrested Faheem Akram, a man wanted by the United States over the case, who allegedly sold more than 5 million fake postage labels for a fixed price of $2 each.

  3. Sky News

    Source ↗

    Sky News reports that a man was arrested in Pakistan and accused of running a counterfeit postage scheme that cost the US Postal Service $126m (£94m).

  4. Al Jazeera

    Source ↗

    Al Jazeera reports that Faheem Akram has been charged with several offences, including conspiracy to defraud the United States.

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