Pakistani who allegedly defrauded US Postal Service remanded in NCCIA Lahore's custody
LAHORE: A judicial magistrate on Wednesday granted the National Cyber Crime Investigation Agency (NCCIA) five-day physical remand of a suspect in an alleged Rs35 billion fraud involving the online sale of counterfeit US postage labels. The suspect, identified as a 33-year-old resident of Khanewal, had been charged by a Florida jury with defrauding the United States Postal Service (USPS) of $126…
A Pakistani man suspected of defrauding the US Postal Service by selling $35 billion worth of counterfeit postage labels was granted five-day physical remand by a judicial magistrate in Lahore on Wednesday. The suspect, a 33-year-old resident of Khanewal, had been charged by a Florida jury with defrauding the USPS of $126 million.
According to prosecutors, the suspect operated a website called LabelsBank.com to sell over 5 million fake postage stamps over a three-year period. The website, unauthorized to sell USPS products, allegedly allowed customers to ship packages at prices far below legitimate rates, causing significant financial losses to the postal service.
The NCCIA's Lahore zone formed eight special teams to trace the suspect and investigate the scam, which allegedly involved 16 bank accounts.
Written by urgent.news from Dawn - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
