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U.S. Postal Service Office of Inspector General

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uuid000bgcw

Namestring
U.S. Postal Service Office of Inspector General
Legal namestring
United States Postal Service Office of Inspector General
Websiteurl
uspsoig.gov
Company typeenum
Private
Founded yearint
1978
Descriptiontext

The U.S. Postal Service Office of Inspector General (USPS OIG) is an independent federal oversight agency established in 1978 under the Inspector General Act. It conducts objective audits and criminal investigations of the U.S. Postal Service and the Postal Regulatory Commission to detect and prevent fraud, waste, abuse, and misconduct, and to promote accountability and operational effectiveness. Its core service lines are the Office of Audit (program/operational audits), the Office of Investigations (criminal probes covering employee misconduct, contractor fraud, and external exploitation of postal employees and systems), and the Research and Insights Solution Center (RISC) — a dedicated team applying artificial intelligence, advanced analytics, and geospatial intelligence to oversight. The agency also publishes white papers, congressional testimonies, and Semiannual Reports to Congress, and operates public-facing channels including the Financials & Productivity Dashboard, the Pushing the Envelope blog, and a podcast series.

The USPS OIG is funded entirely through congressional appropriations; it charges no fees and does not generate commercial revenue. Its primary stakeholders are the U.S. Congress (mandated reporting recipient), the U.S. Postal Service and Postal Regulatory Commission (oversight subjects), and the American public (consumer of transparency products). The agency sustains a core partnership with the U.S. Postal Inspection Service on joint law-enforcement work and a structural relationship with the Office of Personnel Management on federal pay and benefits administration. Its mandate is currently centered on overseeing USPS's 10-year, $40 billion Delivering for America modernization plan alongside continuing traditional audit and investigative work.

Short descriptiontext

The U.S. Postal Service Office of Inspector General is an independent federal agency established in 1978 that conducts audits and investigations of the U.S. Postal Service and Postal Regulatory Commission to detect fraud, waste, and abuse. It reports to Congress and serves the American public via free audit reports, dashboards, podcasts, and blog content.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersArlington, United States
HQ citystring
Arlington
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
federal oversight agency, audit services, fraud investigations, postal regulation, government accountability
Industry1 code
1Internal Audit & SOX/ICFR Advisory
CodeBPAHAFADPrimaryYes
NAICS code2 codes
  • Public Administration92
  • Regulation and Administration of Communications, Electric, Gas, and Other Utilities926130
Product category
Federal Audit and Investigation Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Federal Appropriations
TypeSubscription Recurring
Description

As a federal government agency, the USPS OIG is funded through congressional appropriations rather than commercial revenue generation. The agency does not sell products or services in the traditional sense.

uspsoig.gov
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Technology or R&D, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The U.S. Postal Service Office of Inspector General (USPS OIG) is an independent federal oversight agency established under the Inspector General Act of 1978. It conducts objective audits and investigations of the U.S. Postal Service's programs, operations, finances, and performance, while preventing and detecting fraud, waste, and abuse. Its core service units include the Office of Audit, the Office of Investigations, and the Research and Insights Solution Center (RISC).

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Nearly 2,200 arrests over five years
+3 more records
Product overview1 text field

The U.S. Postal Service Office of Inspector General is a government oversight agency offering a portfolio of audit, investigation, and research services rather than a traditional product company. Its core offerings include the Office of Investigations (criminal investigations of postal fraud and misconduct), the Office of Audit (independent audits of Postal Service programs), and the Research and Insights Solution Center (RISC) focused on AI and advanced analytics. Key analytical products include the USPS Deeper Dive Financial & Productivity Dashboard, the Focus On quarterly research series, and the Pushing the Envelope blog. The agency also publishes audit reports, white papers, podcasts, and provides oversight of the Postal Service's Delivering for America plan. Business operations support is provided through the Office of Chief Information Officer, Office of General Counsel, and Mission Support divisions.

Product and service5 records
1Office of Audit
CategoryAudit Services
Description

Conducts and supervises objective, independent audits of Postal Service programs and operations to ensure their efficiency and effectiveness while preventing and detecting fraud, waste, and misconduct. Covers finance, delivery and mail processing, service performance, human resources, transportation, and facilities.

2Office of Investigations
CategoryInvestigative Services
Description

Conducts objective, independent, and timely criminal investigations involving misconduct and fraud by postal employees, contractors, and those who target or recruit postal employees for illegal activity. Operates with federal law enforcement authority.

3Research and Insights Solution Center (RISC)
CategoryResearch and Analytics Services
Description

Specialized research unit applying artificial intelligence, advanced analytics, and geospatial intelligence to identify emerging risks and support oversight of postal operations and financial performance.

4USPS Deeper Dive: Financials & Productivity Dashboard
CategoryData and Analytics Tool
Description

Interactive public dashboard tracking USPS financial trends and operational performance, integrating Form 10-K annual data and other Postal Service financial and productivity metrics for public access.

5Field Operations Reviews (FORT)
CategoryAudit Services
Description

Faster and more comprehensive evaluations of local service issues, providing field audits that examine operational problems at multiple postal facilities.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
1U.S. Postal Inspection Service
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Collaborative law enforcement partnership focused on protecting the postal system. The OIG investigates misconduct by postal employees while the Inspection Service handles postal crime and security matters. Both agencies work together on mail theft prevention and fraud detection.

uspsoig.gov
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Reference source for compensation and benefits standards. USPS OIG employees are covered under federal pay and benefits systems managed by OPM, including locality pay and Law Enforcement Availability Pay (LEAP).

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Primary oversight subject - the USPS OIG conducts independent audits and investigations of USPS programs, operations, finances, and performance under the Delivering for America plan and all other postal initiatives.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

The OIG promotes accountability and effectiveness of the Postal Service and its regulator (the PRC). The PRC receives OIG work product and the OIG oversees aspects of PRC-regulated activities.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Office of Special Counsel
TypeOthers
Description

Independent federal agency that investigates whistleblower disclosures and prohibited personnel practices across the federal government. Comparable as a federal oversight/investigative body reporting to Congress, with partial mission overlap.

TypeDirect peer
Description

Independent federal regulator of USPS whose work the OIG audits and oversees. Directly comparable as a federal oversight body focused on USPS, sharing the same accountability audience (Congress) and oversight subject.

3Treasury Inspector General for Tax Administration
TypeBroad incumbent
Description

Specialized federal IG that oversees IRS operations, established under the IG Act. Comparable as a single-subject-entity federal oversight body focused on one large federal program.

TypeOthers
Description

Nonpartisan legislative-branch research arm providing analysis to Congress, including on USPS. Comparable as an in-house analytical product organization serving Congress, though it is not an IG and does not conduct investigations.

TypeBroad incumbent
Description

Federal IG office established under the same IG Act as the USPS OIG, performing audits and investigations of DOJ programs and personnel. Comparable in statutory structure, mission, and operating model.

6U.S. Postal Inspection Service
TypeDirect peer
Description

The federal law enforcement arm of the USPS, partnered with the OIG on mail theft and fraud investigations. Most directly comparable because it shares the same subject entity (USPS), overlapping jurisdiction, and complementary investigative mandate.

TypeBroad incumbent
Description

Federal IG office with audit and investigative responsibility over a large federal department. Comparable in mandate, organizational structure, and reporting to Congress.

TypeOthers
Description

Statutory body coordinating the federal IG community. Indirectly comparable as the ecosystem of which the USPS OIG is a member, sharing standards, training, and cross-agency coordination.

TypeBroad incumbent
Description

Legislative-branch oversight agency that audits USPS and federal programs more broadly. Comparable as a federal audit/oversight institution reporting to Congress, though its scope is much wider than the USPS OIG's.

TypeBroad incumbent
Description

Large federal IG office with audit, investigation, and oversight responsibilities over DoD. Comparable in scope of statutory mandate, even though the subject matter is far larger and more complex than USPS.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

U.S. Postal Service Office of Inspector General

Federal Audit and Investigation Servicesuspsoig.gov

The U.S. Postal Service Office of Inspector General is an independent federal agency established in 1978 that conducts audits and investigations of the U.S. Postal Service and Postal Regulatory Commission to detect fraud, waste, and abuse. It reports to Congress and serves the American public via free audit reports, dashboards, podcasts, and blog content.

What U.S. Postal Service Office of Inspector General does

The U.S. Postal Service Office of Inspector General (USPS OIG) is an independent federal oversight agency established in 1978 under the Inspector General Act. It conducts objective audits and criminal investigations of the U.S. Postal Service and the Postal Regulatory Commission to detect and prevent fraud, waste, abuse, and misconduct, and to promote accountability and operational effectiveness. Its core service lines are the Office of Audit (program/operational audits), the Office of Investigations (criminal probes covering employee misconduct, contractor fraud, and external exploitation of postal employees and systems), and the Research and Insights Solution Center (RISC) — a dedicated team applying artificial intelligence, advanced analytics, and geospatial intelligence to oversight. The agency also publishes white papers, congressional testimonies, and Semiannual Reports to Congress, and operates public-facing channels including the Financials & Productivity Dashboard, the Pushing the Envelope blog, and a podcast series.

The USPS OIG is funded entirely through congressional appropriations; it charges no fees and does not generate commercial revenue. Its primary stakeholders are the U.S. Congress (mandated reporting recipient), the U.S. Postal Service and Postal Regulatory Commission (oversight subjects), and the American public (consumer of transparency products). The agency sustains a core partnership with the U.S. Postal Inspection Service on joint law-enforcement work and a structural relationship with the Office of Personnel Management on federal pay and benefits administration. Its mandate is currently centered on overseeing USPS's 10-year, $40 billion Delivering for America modernization plan alongside continuing traditional audit and investigative work.

U.S. Postal Service Office of Inspector General firmographics

Firmographics
Name
U.S. Postal Service Office of Inspector General
Legal name
United States Postal Service Office of Inspector General
Website
https://uspsoig.gov
Company type
Private
Founded year
1978
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
The U.S. Postal Service Office of Inspector General is an independent federal agency established in 1978 that conducts audits and investigations of the U.S. Postal Service and Postal Regulatory Commission to detect fraud, waste, and abuse. It reports to Congress and serves the American public via free audit reports, dashboards, podcasts, and blog content.
Ownership category
akta.pro rank

U.S. Postal Service Office of Inspector General industry classification

Industry
Product category
Federal Audit and Investigation Services
NAICS
Public Administration (92), Regulation and Administration of Communications, Electric, Gas, and Other Utilities (926130)
akta.pro primary industry
Internal Audit & SOX/ICFR Advisory (BPAHAFAD)

Keywords

  • Federal oversight agency
  • Audit services
  • Fraud investigations
  • Postal regulation
  • Government accountability

Where U.S. Postal Service Office of Inspector General is headquartered

Location

Headquarters

HQ city
Arlington
HQ country
United States
HQ region
North America

Offices1 record

Markets served

U.S. Postal Service Office of Inspector General business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Others

Revenue model

  1. Federal Appropriations: As a federal government agency, the USPS OIG is funded through congressional appropriations rather than commercial revenue generation. The agency does not sell products or services in the traditional sense.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

U.S. Postal Service Office of Inspector General product offering

Product offering

Core offering

The U.S. Postal Service Office of Inspector General (USPS OIG) is an independent federal oversight agency established under the Inspector General Act of 1978. It conducts objective audits and investigations of the U.S. Postal Service's programs, operations, finances, and performance, while preventing and detecting fraud, waste, and abuse. Its core service units include the Office of Audit, the Office of Investigations, and the Research and Insights Solution Center (RISC).

Product overview

The U.S. Postal Service Office of Inspector General is a government oversight agency offering a portfolio of audit, investigation, and research services rather than a traditional product company. Its core offerings include the Office of Investigations (criminal investigations of postal fraud and misconduct), the Office of Audit (independent audits of Postal Service programs), and the Research and Insights Solution Center (RISC) focused on AI and advanced analytics. Key analytical products include the USPS Deeper Dive Financial & Productivity Dashboard, the Focus On quarterly research series, and the Pushing the Envelope blog. The agency also publishes audit reports, white papers, podcasts, and provides oversight of the Postal Service's Delivering for America plan. Business operations support is provided through the Office of Chief Information Officer, Office of General Counsel, and Mission Support divisions.

Differentiator

Problem solved

Functional benefit

Products and services

  • Office of Audit Conducts and supervises objective, independent audits of Postal Service programs and operations to ensure their efficiency and effectiveness while preventing and detecting fraud, waste, and misconduct. Covers finance, delivery and mail processing, service performance, human resources, transportation, and facilities.
  • Office of Investigations Conducts objective, independent, and timely criminal investigations involving misconduct and fraud by postal employees, contractors, and those who target or recruit postal employees for illegal activity. Operates with federal law enforcement authority.
  • Research and Insights Solution Center (RISC) Specialized research unit applying artificial intelligence, advanced analytics, and geospatial intelligence to identify emerging risks and support oversight of postal operations and financial performance.
  • USPS Deeper Dive: Financials & Productivity Dashboard Interactive public dashboard tracking USPS financial trends and operational performance, integrating Form 10-K annual data and other Postal Service financial and productivity metrics for public access.
  • Field Operations Reviews (FORT) Faster and more comprehensive evaluations of local service issues, providing field audits that examine operational problems at multiple postal facilities.

Quantifiable outcome

  • Nearly 2,200 arrests over five years
  • +3 more outcomes

Companies that use U.S. Postal Service Office of Inspector General

Customer profile

Named customers2 records

Segments3 records

Ideal customer profiles4 records

U.S. Postal Service Office of Inspector General technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

U.S. Postal Service Office of Inspector General partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • U.S. Postal Inspection ServicecoreStrategic or Co-development PartnerCollaborative law enforcement partnership focused on protecting the postal system. The OIG investigates misconduct by postal employees while the Inspection Service handles postal crime and security matters. Both agencies work together on mail theft prevention and fraud detection.
  • Office of Personnel ManagementminorStrategic or Co-development PartnerReference source for compensation and benefits standards. USPS OIG employees are covered under federal pay and benefits systems managed by OPM, including locality pay and Law Enforcement Availability Pay (LEAP).
  • U.S. Postal ServicecoreStrategic or Co-development PartnerPrimary oversight subject - the USPS OIG conducts independent audits and investigations of USPS programs, operations, finances, and performance under the Delivering for America plan and all other postal initiatives.
  • Postal Regulatory CommissioncoreStrategic or Co-development PartnerThe OIG promotes accountability and effectiveness of the Postal Service and its regulator (the PRC). The PRC receives OIG work product and the OIG oversees aspects of PRC-regulated activities.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

U.S. Postal Service Office of Inspector General competitors and assessment

Company assessment

Others

  • Office of Special Counsel: Independent federal agency that investigates whistleblower disclosures and prohibited personnel practices across the federal government. Comparable as a federal oversight/investigative body reporting to Congress, with partial mission overlap.
  • Congressional Research Service: Nonpartisan legislative-branch research arm providing analysis to Congress, including on USPS. Comparable as an in-house analytical product organization serving Congress, though it is not an IG and does not conduct investigations.
  • Council of the Inspectors General on Integrity and Efficiency: Statutory body coordinating the federal IG community. Indirectly comparable as the ecosystem of which the USPS OIG is a member, sharing standards, training, and cross-agency coordination.

Direct peers

  • Postal Regulatory Commission: Independent federal regulator of USPS whose work the OIG audits and oversees. Directly comparable as a federal oversight body focused on USPS, sharing the same accountability audience (Congress) and oversight subject.
  • U.S. Postal Inspection Service: The federal law enforcement arm of the USPS, partnered with the OIG on mail theft and fraud investigations. Most directly comparable because it shares the same subject entity (USPS), overlapping jurisdiction, and complementary investigative mandate.

Broad incumbents

  • Treasury Inspector General for Tax Administration: Specialized federal IG that oversees IRS operations, established under the IG Act. Comparable as a single-subject-entity federal oversight body focused on one large federal program.
  • U.S. Department of Justice Office of Inspector General: Federal IG office established under the same IG Act as the USPS OIG, performing audits and investigations of DOJ programs and personnel. Comparable in statutory structure, mission, and operating model.
  • U.S. Department of Homeland Security Office of Inspector General: Federal IG office with audit and investigative responsibility over a large federal department. Comparable in mandate, organizational structure, and reporting to Congress.
  • U.S. Government Accountability Office: Legislative-branch oversight agency that audits USPS and federal programs more broadly. Comparable as a federal audit/oversight institution reporting to Congress, though its scope is much wider than the USPS OIG's.
  • U.S. Department of Defense Office of Inspector General: Large federal IG office with audit, investigation, and oversight responsibilities over DoD. Comparable in scope of statutory mandate, even though the subject matter is far larger and more complex than USPS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

U.S. Postal Service Office of Inspector General social profiles

Digital presence

U.S. Postal Service Office of Inspector General financial estimates

Financial estimate

Revenue estimate

Valuation estimate

U.S. Postal Service Office of Inspector General leadership team

Management profile

Number of profiles

U.S. Postal Service Office of Inspector General funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

U.S. Postal Service Office of Inspector General M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about U.S. Postal Service Office of Inspector General

What does U.S. Postal Service Office of Inspector General do?

The U.S. Postal Service Office of Inspector General (USPS OIG) is an independent federal oversight agency established under the Inspector General Act of 1978. It conducts objective audits and investigations of the U.S. Postal Service's programs, operations, finances, and performance, while preventing and detecting fraud, waste, and abuse. Its core service units include the Office of Audit, the Office of Investigations, and the Research and Insights Solution Center (RISC).

Is U.S. Postal Service Office of Inspector General a public or private company?

U.S. Postal Service Office of Inspector General is a private company. It is classified as state government owned and is currently operating.

When was U.S. Postal Service Office of Inspector General founded?

U.S. Postal Service Office of Inspector General was founded in 1978. It employs 1,001 to 5,000 people.

Where is U.S. Postal Service Office of Inspector General based?

U.S. Postal Service Office of Inspector General is headquartered in Arlington, United States, in the North America region.

How does U.S. Postal Service Office of Inspector General make money?

One revenue line is on record: federal Appropriations.

Who are U.S. Postal Service Office of Inspector General's main competitors?

Others on record are Office of Special Counsel, Congressional Research Service and Council of the Inspectors General on Integrity and Efficiency. Direct peers are Postal Regulatory Commission and U.S. Postal Inspection Service. Broad incumbents are Treasury Inspector General for Tax Administration, U.S. Department of Justice Office of Inspector General, U.S. Department of Homeland Security Office of Inspector General, U.S. Government Accountability Office and U.S. Department of Defense Office of Inspector General.

Does U.S. Postal Service Office of Inspector General have an API?

No public API is recorded for U.S. Postal Service Office of Inspector General.

What industry is U.S. Postal Service Office of Inspector General in?

U.S. Postal Service Office of Inspector General's product category is Federal Audit and Investigation Services. Its primary akta.pro industry code is BPAHAFAD, Internal Audit & SOX/ICFR Advisory. Its NAICS code is 92.

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Live signals
YahooFederal agents raid Kansas City USPS distribution centerFederal agents raided the U.S. Postal Service distribution center in Kansas City, Missouri, on Sept. 9, led by the Postal Service Office of Inspector General. The raid follows customer complaints about mail bouncing between metro distribution centers. FOX4 is still investigating what agents were looking for and what was found.nj$2 postage label website seized after $126 million loss: How to avoid fake stamp scamsU.S. Postal Inspection Services seized the domain and charged Pakistani national Faheem Akram for operating LabelsBank.com, which sold over 5 million counterfeit USPS postage labels. The site caused about $125 million in losses, and Akram faces charges including conspiracy and wire fraud.masslive$2 postage label website seized after $126 million loss: How to avoid fake stamp scamsU.S. Postal Inspection Services seized the domain and charged Pakistani national Faheem Akram for operating LabelsBank.com, which sold over 5.1 million counterfeit USPS postage labels. The site caused about $125 million in losses, and Akram faces charges including conspiracy to defraud and wire fraud.cleveland$2 postage label website seized after $126 million loss: How to avoid fake stamp scamsU.S. Postal Inspection Services seized a domain and charged Pakistani national Faheem Akram for operating LabelsBank.com, which sold over 5.1 million counterfeit USPS postage labels. The site caused about $125 million in losses, and Akram faces charges including conspiracy to defraud and wire fraud.pennlive$2 postage label website seized after $126 million loss: How to avoid fake stamp scamsU.S. Postal Inspection Services seized a domain and charged Pakistani national Faheem Akram for operating LabelsBank.com, which sold over 5.1 million counterfeit USPS postage labels. The site caused about $125 million in losses, and Akram faces charges including conspiracy to defraud and wire fraud.Yahoo$2 postage label website seized after $126 million loss: How to avoid fake stamp scamsU.S. Postal Inspection Services seized an internet domain and charged Pakistani national Faheem Akram for operating LabelsBank.com, which sold over 5 million counterfeit USPS postage labels. The site caused about $125 million in losses, and Akram faces charges including conspiracy to defraud and wire fraud.Yahoo$2 postage label website seized after $126 million loss: How to avoid fake stamp scamsU.S. Postal Inspection Services seized the domain LabelsBank.com and charged Pakistani national Faheem Akram for operating a site that sold over 5 million counterfeit USPS postage labels. The site, charging $2 per label regardless of weight, caused about $125 million in losses. Akram faces charges including conspiracy to defraud and wire fraud.Yahoo$2 postage label website seized after $126 million loss: How to avoid fake stamp scamsU.S. Postal Inspection Services seized the domain LabelsBank.com and charged Pakistani national Faheem Akram for operating a site that sold over 5.1 million counterfeit USPS postage labels. The site, charging $2 per label regardless of weight, caused about $125 million in losses. Akram faces charges including conspiracy to defraud and wire fraud.Yahoo$2 postage label website seized after $126 million loss: How to avoid fake stamp scamsU.S. Postal Inspection Services seized the domain LabelsBank.com and charged Pakistani national Faheem Akram for operating a site that sold over 5 million counterfeit USPS postage labels. The site, charging $2 per label regardless of weight, caused about $125 million in losses. Akram faces charges including conspiracy to defraud and wire fraud.Yahoo$2 postage label website seized after $126 million loss: How to avoid fake stamp scamsU.S. Postal Inspection Services seized the domain LabelsBank.com and charged Pakistani national Faheem Akram for operating a site that sold over 5.1 million counterfeit USPS postage labels. The site, charging $2 per label regardless of weight, caused about $125 million in losses. Akram faces charges including conspiracy to defraud and wire fraud.