BOSTON - An Easthampton man was convicted today in U.S. District Court in Springfield of counterfeiting.
Shayne Pancione, 36, pleaded guilty before U.S. District Judge Michael A. Ponsor to manufacturing and distributing counterfeit United States currency. Sentencing is scheduled for April 1, 2013. The maximum sentence under the statute is 20 years in prison, followed by five years of supervised release and a $250,000 fine.
Between August 28 and Sept. 6, 2011, Pancione manufactured and distributed counterfeit $20 bills in Easthampton and Southampton.
United States Attorney Carmen M. Ortiz; Steven D. Ricciardi, Special Agent in Charge of the U.S. Secret Service; and Chief Bruce McMahon of the Easthampton Police Department, made the announcement today. The case is being prosecuted by Assistant U.S. Attorney Kevin O’Regan of Ortiz’s Springfield Branch Office.