Man faces 20 years in prison in counterfeit computer chip scheme

MILWAUKEE (WITI) — Thinking about buying any parts for your computer? FOX6′s Contact 6 says beware — those parts could be fake! “He would purchase the chips for about $2.00 a piece in China and sell them in the U.S. for several hundred dollars,” U.S. Postal Inspector Alex Sylvester said.

Ronald Graban, the mastermind in this scheme, realized he could make a very healthy profit. “He had inside information on exact serial numbers that Cisco and Nortel use. So, when he requested labels from China, they would put those exact numbers on there to try and hide they were counterfeit chips,” Sylvester said. Graban would then sell them to a third-party retailer. “It was reported to be a refurbished Cisco and Nortel product but in fact it wasn`t. It was a counterfeit product from China,” Sylvester said.

http://fox6now.com/2014/04/06/man-faces-20-years-in-prison-in-counterfeit-computer-chip-scheme/