The National Cyber Crime Investigation Agency (NCCIA), Lahore Zone, has arrested Faheem Akram, the prime suspect in an alleged Rs35 billion fraud involving the online sale of counterfeit US postage stamps. According to the investigation supervised by NCCIA Lahore Zone Additional Director Atif Aamir, the suspect had been operating a website, LabelsBank.com, from August 2023 to September 2026, through which more than five million counterfeit US postage stamps were allegedly sold at $2 each.

Investigators found that 16 bank accounts were allegedly used for the transactions, including seven accounts belonging to the suspect, five to his brother, two to his wife, and one each to his sister and maternal aunt. A case (No 246/2026) has been registered, and further investigation is underway.

Eight special teams have been formed to investigate the case across Punjab, Islamabad, and Sindh. The teams conducted 35 raids on different locations and questioned 47 people.

Investigators also analyzed 122 call data records, 50 IMEI tracking reports, and audio and video recordings from 120 cameras using modern technology and artificial intelligence. The agency utilized advanced digital forensics to track the suspect's footprint.

A special locator operation continued for 10 days before the suspect was finally apprehended. The authorities are now working to trace the remaining funds and identify any potential international links associated with the fraudulent website.

The NCCIA has emphasized that this operation marks a significant crackdown on cyber-enabled financial crimes. The suspect is currently being interrogated to determine if there are other accomplices involved in the network.

Further updates are expected as the forensic analysis of the seized digital devices concludes.