Wednesday, May 20, 2015

Tytronix/Epic - Peter Picone - Supply Chain Risk

On July 15, 2013 Peter Picone was charged with selling counterfeit semiconductors that were intended for use in military applications:  http://www.justice.gov/opa/pr/massachusetts-man-charged-selling-counterfeit-semiconductors-intended-use-nuclear-submarines

On June 3rd of 2014, Peter Picone plead guilty to these charges.  http://www.justice.gov/opa/pr/massachusetts-man-pleads-guilty-importing-and-selling-counterfeit-intergrated-circuits-china

Oxygen Electronics has received a list of part number sold by Tytronix/Epic/Picone to Independent Distributors around the world.   There are 826 transactions between 2007 and 2012 documented where goods purchased from China by Tytronix/Epic and were sold to Independent Distributors.

Oxygen just completed an internal audit of our past transactions for the part numbers documented on this list and are pleased to report that our supply chain was not compromised by this new information.

Regards,
Oxygen Electronics  


Additional Information:  Government's Memorandum In Aid Of Sentencing