Pakistani authorities have arrested Faheem Akram, 33, of Khanewal in Punjab province, over an alleged online counterfeit-postage operation that United States prosecutors say caused more than $126 million in losses to the US Postal Service — yaani about 12.6 crore dollars, roughly Rs 35 billion (about 3,500 crore rupees) in the figures reported in Pakistan — the Associated Press reported, citing Pakistan's National Cyber Crime Investigation Agency (NCCIA). Akram was arrested in Lahore after a search involving raids across several parts of the country, senior NCCIA official Atif Ameer told reporters on Tuesday, AP reported. TechJuice, reporting the same NCCIA press conference in Lahore, said the agency ran a 10-day operation with eight special teams that raided 35 locations across Punjab, Islamabad and Sindh and questioned 47 people. All allegations are as stated by prosecutors and the agency; Akram has not been convicted.

US prosecutors allege Akram operated LabelsBank.com, an unauthorised website that sold more than 5.1 million counterfeit postage labels to more than 5,200 customers, typically at $2 per label regardless of a package's weight, size or destination, the US Attorney's Office for the Southern District of Florida said in a September 28 statement cited by AP. A federal grand jury in that district indicted Akram on one count of conspiracy to defraud the United States and to make and sell counterfeit postage, five counts of making and selling counterfeit postage labels and four counts of wire fraud, according to the US Attorney's Office account reported by KhabarWire, which also cited Dawn and The Express Tribune reporting of the NCCIA arrest. A court order authorised seizure and shutdown of the site, KhabarWire reported.

Pakistani investigators say Akram operated the website from August 2023 through September 2026 and used 16 bank accounts, including accounts in the names of his brother, wife, sister and maternal aunt, Ameer said, according to AP and TechJuice. Investigators analysed 122 call-data records, 50 IMEI tracking reports and footage from 120 cameras, TechJuice reported the agency as saying, and a case has been registered in Pakistan — FIR No. 246/2026, TechJuice reported — with a joint investigation team examining financial transactions and possible involvement of others. US authorities had offered a reward of up to $100,000 for information leading to his arrest, the outlets reported. It was unclear whether Akram would be extradited to the United States or face trial in Pakistan, AP reported. Sources: Associated Press (Oct 20-21, 2026); TechJuice reporting the NCCIA Lahore press conference (Oct 21, 2026); KhabarWire citing Dawn, The Express Tribune and the US Attorney's Office, Southern District of Florida (Oct 21, 2026).