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Thursday, January 15, 2015 2:07:53 PM
2011-12
Washington, D.C., Jan. 14, 2011 — The Securities and Exchange Commission today charged an upstate New York-based penny stock promoter and his affiliated website with fraud for failing to disclose that he was paid by certain issuers to promote their stock while simultaneously liquidating millions of his own shares for profits of at least $2.95 million.
The SEC alleges that Christopher Wheeler of Victor, N.Y., received compensation at various times in 2007 and 2008 to promote several thinly-traded penny stocks on his website, OTCStockExchange.com. Wheeler's website claimed to "have compiled a long list of successful stock picks" and to afford investors the opportunity to "make a fortune."
http://www.sec.gov/news/press/2011/2011-12.htm
Wonder how much Chris Wheeler received from BBDA as it was listed/alerted on OTCStockExchange:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33563088
Oct 21, 2008 otcstockexchange.com: PLTG, CABN, BBDA, SSLR - OTCStockExchange.com Stock Alert
Oct 22, 2008 otcstockexchange.com: CNSJ, BNPD, VSPC, BBDA - OTCStockExchange.com Stock Alert
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