Pakistani Police Capture Alleged Mastermind of $125M US Postal Counterfeit Scheme

Faheem Akram faces multiple charges, including conspiracy to defraud the United States.

Published On 21 Oct 202621 Oct 2026

Pakistani authorities have arrested a man accused of masterminding an online counterfeit operation that resulted in more than $125 million in losses to the US Postal Service, according to US prosecutors.

Faheem Akram, 33, was taken into custody on Tuesday following extensive searches and raids across Pakistan, a senior official from the Pakistani National Cyber Crime Investigation Agency told reporters.

Akram was indicted last month by a federal grand jury in the Southern District of Florida and is accused of running a fraudulent website that sold over 5.1 million counterfeit stamps in the United States.

The stamps, priced at around $2 each, enabled customers to ship packages at rates lower than official postal fees, inflicting substantial damage on the Postal Service, the US Attorney’s office said.

While the estimated loss exceeds $124 million, this figure reflects the Postal Service’s damages rather than the total revenue generated by the illicit site, officials clarified.

Pakistani investigators determined that Akram had been operating the website since August 2023 and utilized 16 bank accounts—including his own and those belonging to family members—to facilitate the scheme.

Akram has been charged with several offenses, including conspiracy to defraud the US, production and sale of fake postage stamps, and four counts of wire fraud, according to the US Postal Service.

Each wire fraud count carries a potential 20‑year prison sentence, while the conspiracy charge could result in up to five years in prison.

Akram remains in custody in Pakistan, and it is not yet clear whether he will be tried there or extradited to the United States to face prosecution.

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