Court Extends Remand in $126 Million US Postage Fraud Case

Meanwhile, a judicial magistrate on Monday extended the physical remand of a suspect in an alleged Rs.

Key points

• The National Cyber Crime Investigation Agency (NCCIA) produced Faheem Akram before Magistrate Naeem Wattoo after his previous five-day remand expired.
• The NCCIA alleges that Akram operated LabelsBank.com from August 2023 and applied the website to sell counterfeit US postage labels.
• It prosecutors say caused losses exceeding $126 million to the US Postal Service.
• A judicial magistrate on Monday extended the physical remand of a suspect in an alleged Rs.
• US prosecutors allege the website sold the labels for regarding $2 each, regardless of a package's weight, size or destination.

Meanwhile, a judicial magistrate on Monday extended the physical remand of a suspect in an alleged Rs. 35 billion fraud involving the online sale of counterfeit US postage labels and granted initial remand to another suspect.

For context, the National Cyber Crime Investigation Agency (NCCIA) produced Faheem Akram before Magistrate Naeem Wattoo after his previous five-day remand expired. The agency additionally presented lately arrested co-suspect Naeem for the first time. The court granted physical remand of both suspects until October 30. NCCIA Multan In-Charge Claims 'Cyber Petroleum' is Monitoring 'Social of Media'.

Notably, the NCCIA alleges that Akram operated LabelsBank.com from August 2023 and applied the website to sell counterfeit US postage labels. The agency claims the platform sold more than five million fake labels.

According to the US Department of Justice, a federal grand jury in Florida indicted Akram in September 2026 over the alleged sale of more than 5.1 million counterfeit postage labels. It prosecutors say caused losses exceeding $126 million to the US Postal Service. Punjab Govt to Purchase Only Electric Vehicles for Official Apply.

US prosecutors allege the website sold the labels for regarding $2 each, regardless of a package's weight, size or destination. A US court order authorized the seizure and shutdown of the website. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.

Taken together, the developments around court Extends Remand in $126 Million US Postage Fraud Case point to a situation that is still moving, and the coming days should bring more clarity.