logo

Easthampton Man Pleads Guilty to Counterfeiting $20 Bills

twenty dollar billSPRINGFIELD, Mass. (WGGB) — An Easthampton man convicted today of counterfeiting is facing up to 20 years in prison.

36-year-old Shayne Pancione pleaded guilty to manufacturing and distributing counterfeit United States currency in 2011.

He appeared before U.S. District Judge, Michael Ponsor today in Springfield.

Between August 28 and September 6, 2011, Pancione made and distributed counterfeit $20 bills in Easthampton and Southampton.

His 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.

The announcement comes from Easthampton Police Chief Bruce McMahon, United States Attorney Carmen Ortiz, and the Secret Service.

 

WGGB encourages readers to share their thoughts and engage in healthy dialogue about the issues. Comments containing personal attacks, profanity, offensive language or advertising will be removed. Please use the report comment function for any posts you feel should be reviewed. Thank you.