Description
Who is Faheem Akram, and why are US authorities offering a reward of up to $100,000 for information about him?
In this video, we explain the case involving Faheem Akram, a 33-year-old Pakistani national from Khanewal, and his alleged connection with LabelsBank.com, a website that US authorities say sold counterfeit USPS postage labels.
According to the U.S. Department of Justice and U.S. Postal Inspection Service, more than 5.1 million shipping labels were allegedly sold through the website to more than 5,200 customers. The labels were reportedly offered at fixed prices, typically around $2, regardless of a package's weight, size or destination.
US authorities say the alleged operation resulted in more than $126 million in losses to the US Postal Service. The website has been seized and shut down, while the U.S. Postal Inspection Service is offering a reward of up to $100,000 for information leading to Faheem Akram's arrest and conviction.
In this video, we explain:
• Who is Faheem Akram?
• What was LabelsBank.com?
• How were the shipping labels reportedly sold?
• Why were the labels offered at very low prices?
• How many labels were reportedly sold?
• How did the case reach more than $126 million?
• Why are US authorities offering a $100,000 reward?
• What charges have been filed?
• What happens next in the case?
This video is based on publicly available information from US authorities and news reports. The allegations discussed in this video have not been proven in court, and Faheem Akram is presumed innocent unless proven guilty.
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