A San Diego man who allegedly sold millions of counterfeit U.S. postage stamps, while netting more than $6 million, has been indicted, the U.S. Attorney’s Office announced Tuesday.
Wayne Fister, 38, also known as Wayne Wong, allegedly sold fake stamps obtained from a Chinese manufacturer on an online marketplace. A federal grand jury returned an indictment on mail fraud, counterfeit stamp sales, and money laundering charges.
In one instance, prosecutors said, the U.S. Postal Inspection Service intercepted five different packages intended for Fister, in total containing more than one million counterfeit stamps.
Prosecutors say the scheme, dating back to July 2024, netted Fister millions, with a “significant portion” of the proceeds going towards the purchase of his home in San Diego.
Fister pleaded not guilty to the charges on Monday, according to court records. The indictment also was unsealed Monday.
He faces up to 20 years in prison and a $1 million fine on the mail fraud charges, 10 years in prison and a $250,000 fine on the money laundering count and five years in prison and a $250,000 fine on the counterfeit stamp sales count.
City News Service contributed to this report.
