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Faheem Akram Faces Federal Charges Over Alleged $126 Million Counterfeit Postage Label Scheme
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Uncategorized September 28, 2026

Faheem Akram Faces Federal Charges Over Alleged $126 Million Counterfeit Postage Label Scheme

Federal prosecutors in the Southern District of Florida announced charges Monday against Faheem Akram in connection with an alleged scheme involving the manufacture and sale of counterfeit postage labels that reportedly caused more than $126 million in losses to the U.S. Postal Service.

Charges Filed

Akram faces a total of ten counts, including one conspiracy charge, five counts related to the production and sale of fraudulent postal labels, and four counts of wire fraud, according to the U.S. Attorney’s Office for the Southern District of Florida.

Website Seized

Authorities said the website LabelsBank.com was seized and shut down .

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#$126 million USPS fraud scheme #Counterfeit postage label conspiracy and wire fraud #Faheem Akram counterfeit postage label charges #LabelsBank.com website seizure #Southern District of Florida federal charges
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