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U.S. seizes website accused of selling 5 million counterfeit postage labels

Shows how label fraud works at scale.

The U.S. Postal Inspection Service seized LabelsBank.com and charged a Pakistani national with running it; prosecutors say it sold more than 5.1 million counterfeit USPS labels, typically $2 each, to over 5,000 customers, causing more than $126 million in losses. Charges are allegations.

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