Pennsylvania four already ran. Iowa 14 already ran. Monterosso already ran. This is Monday’s unused postage file.
U.S. Postal Inspection Service, Miami / U.S. Attorney Jason A. Reding Quiñones, Southern District of Florida: Faheem Akram, 33, of Khanewal, Pakistan, is charged with operating LabelsBank.com, a site that allegedly sold more than 5.1 million counterfeit U.S. Postal Service postage labels. Typical price: $2 a label, the inspectors said, no matter the parcel’s weight, size, or destination. Miami Division inspectors found more than 5,000 customers. Alleged losses: more than $126 million. A court order seized the domain and shut the site with the indictment. The release did not say where Akram was when the indictment came down, or whether he had appeared in a U.S. court. We will not invent a custody.
Counts alleged: one conspiracy to defraud the United States and to make and sell counterfeit postage stamps; five counts of making and selling counterfeit postage-stamp labels; four counts of wire fraud. Postal Inspector in Charge Bladismir Rojo: “Our reach goes beyond our borders.” Quiñones: “as little as $2 per label.” Charges are allegations. He is presumed innocent unless proven guilty. Morning’s unused Guppy, Maldonado, Sanon, Ochoa-Perez already ran. Seei 300 already ran. This is a different desk.
What this means for you
If you needed this morning’s unused Pennsylvania four, they still stand. If you needed this afternoon’s unused crime, it is 5.1 million and $126 million, alleged. Not a conviction.
Bottom line: 5.1 million labels alleged. $126 million alleged. Not four in Pa. Not a verdict.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
