Massachusetts man pleads guilty to importing, selling counterfeit circuits

Peter Picone, 41, of Methuen, Massachusetts, pleaded guilty before U.S. Magistrate Judge Donna Martinez of the District of Connecticut to an indictment charging him with conspiracy to traffic in counterfeit military goods. In a plea agreement with the government, he also agreed to forfeit $70,050 and almost 13,000 counterfeit integrated circuits seized at his home and business in April.
Peter Picone, 41, of Methuen, Massachusetts, pleaded guilty before U.S. Magistrate Judge Donna Martinez of the District of Connecticut to an indictment charging him with conspiracy to traffic in counterfeit military goods. In a plea agreement with the government, he also agreed to forfeit $70,050 and almost 13,000 counterfeit integrated circuits seized at his home and business in April.