U.S. postal inspectors shut down website selling counterfeit postage labels

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USPIS shut down LabelsBank.com, a site that sold 5.1 million counterfeit USPS labels.

U.S. Postal Inspection Service and federal agencies seized LabelsBank.com, charging Pakistani national Faheem Akram, 33, with operating the site that sold over 5.1 million counterfeit USPS shipping labels for a flat $2 each, causing more than $126 million in losses. Akram faces one count of conspiracy to defraud the U.S., five counts of making and selling counterfeit postage labels, and four counts of wire fraud. The Miami Division led the investigation; Akram remains presumed innocent until proven guilty.

What commenters are saying

Commenters question how USPS accepted packages with counterfeit labels and suggest labels may evade verification via international postal systems or unconnected machines. Some suspect the scheme used stolen API credentials from third-party shipping sites. On charges, commenters explain prosecutors often file 'sample charges' with the strongest evidence to build a plea bargaining position. Regarding extradition, many doubt Pakistan will cooperate, citing its failure to extradite Osama bin Laden.