LAHORE: The National Cyber Crime Investigation Agency (NCCIA) has arrested a highly wanted suspect over an alleged Rs35 billion online fraud involving counterfeit US postage stamps. Investigators claim the operation involved the sale of more than five million fake stamps through a website operating for over three years.
The suspect, identified as Faheem Akram, allegedly ran a website named LabelsBank.com from August 2023 to September 2026. According to investigators, the website offered counterfeit US Postage Stamp products for $2 each. Authorities are investigating how the stamps were marketed, sold, and distributed through the online platform.
The investigation has also highlighted the alleged use of multiple bank accounts to manage financial transactions. According to the NCCIA, 16 bank accounts were reportedly linked to the operation. Seven accounts belonged to the suspect, while five were registered in his brother’s name.
Two additional accounts reportedly belonged to his wife. The remaining accounts were associated with his sister and maternal aunt. Investigators are examining these accounts to trace the movement of funds and identify any other individuals who may have been involved.
The case is being investigated under the supervision of NCCIA Lahore Zone Additional Director Atif Amir. Authorities have registered a case under First Information Report (FIR) No. 246/2026. Further investigations are underway to establish the full extent of the alleged financial activity.
To locate the suspect, the agency formed eight special teams across Punjab, Islamabad, and Sindh. These teams conducted 35 raids at different locations and questioned 47 individuals during the investigation. Officials also used advanced technological tools and artificial intelligence to analyse digital evidence and trace the suspect’s movements.
The investigation involved reviewing 122 call data records and 50 International Mobile Equipment Identity (IMEI) tracking reports. Authorities also examined audio and video recordings collected from 120 cameras. These efforts helped investigators gather information about the suspect’s whereabouts and alleged activities.
According to the NCCIA Lahore Zone, investigators conducted a dedicated 10-day operation to locate Faheem Akram. The operation ultimately led to his arrest. The agency is now questioning the suspect to determine how the alleged counterfeit US Postage Stamp business operated. Investigators are also examining the payment methods used by the website and the possible involvement of other people.
Officials are continuing to analyse digital records, financial transactions, and other evidence connected to the case. The investigation aims to establish the complete scope of the alleged fraud and determine the responsibilities of those involved.
In other news read more about Major Cybercrime Crackdown in Pakistan! NCCIA Arrests 1,129 Suspects and Recovers Rs 105 Million
The NCCIA continues to investigate cybercrime, online financial fraud, and other alleged illegal activities conducted through digital platforms. Further details may emerge as the investigation progresses.
