U.S. postal inspectors shut down website selling counterfeit postage labels(postalemployeenetwork.com)
276 points by ilamont 14 days ago | 168 comments
tl;dr: U.S. Postal Inspectors seized LabelsBank.com and indicted Pakistani national Faheem Akram for allegedly selling over 5.1 million counterfeit USPS shipping labels at a flat $2 rate, causing an estimated $126 million in losses to USPS. More than 5,000 customers used the site to ship packages at steep discounts. Akram faces charges including conspiracy, wire fraud, and making and selling counterfeit postage.
HN Discussion:
  • ↑Personal experience encountering these counterfeit labels on eBay marketplaces
  • ~Questioning USPS's lack of label verification systems that allowed this fraud
  • •Suggesting QR codes like UK's system would prevent this type of fraud
  • ~Skepticism that suspect will face justice since he's likely still in Pakistan
  • •Curiosity about the technical mechanism enabling the counterfeit labels to work