Massachusetts man sentenced to 37 months for dealing counterfeit military goods

Peter Picone, 42, of Methuen, Massachusetts, pleaded guilty on June 3, 2014, to conspiracy to traffic in counterfeit military goods. In addition to his prison term, Picone must pay $352,076 in restitution to the 31 companies whose circuitry he counterfeited, and to forfeit $70,050 and 12,960 counterfeit integrated circuits.
Peter Picone, 42, of Methuen, Massachusetts, pleaded guilty on June 3, 2014, to conspiracy to traffic in counterfeit military goods. In addition to his prison term, Picone must pay $352,076 in restitution to the 31 companies whose circuitry he counterfeited, and to forfeit $70,050 and 12,960 counterfeit integrated circuits.