Afghanistan, Oct. 22 -- Pakistani authorities have arrested a 33-year-old man accused of running an online counterfeit postage operation that allegedly caused more than $126 million in losses to the US Postal Service, according to Pakistan's cybercrime investigation agency.

Faheem Akram, a resident of Khanewal in Punjab province, was arrested on Tuesday, October 20, following a weeks-long investigation involving raids across several parts of Pakistan, the Associated Press reported. Atif Ameer, a senior official with the National Cyber Crime Investigation Agency (NCCIA), announced the arrest.

The US Department of Justice said on September 28 that a federal grand jury in the Southern District of Florida had indicted Akram over the alleged o...