derGoldstein writes: From AllThingsD: "Today a federal judge in Florida sentenced a woman to three years in prison and fined her $166,000 for selling counterfeit chips around the world to more than 1,000 buyers, among them companies selling equipment to the U.S. Navy. It’s being described as the first federal sentence for selling counterfeit chips.
... She was charged alongside Shannon L. Wren, now deceased, and together, they were accused of running a company called VisionTech... The DOJ says that on more than 35 separate occasions, they sold some 59,540 chips worth about $425,000. When customers who bought them complained that the chips were fakes — they didn’t work — McCloskey and Wren took no action."