Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[cableguy]

The Stockster cought SEC Charges;

SEC charges stock-tip Web site operator with fraud

PrintDisable live quotesRSSDigg itDel.icio.usBy Robert Schroeder
Last Update: 4:29 PM ET Aug 1, 2006


WASHINGTON (MarketWatch) -- Securities regulators charged a California man with fraud on Tuesday, alleging he made more than $2.7 million in illegal profits by secretly selling stocks he recommended on his Web site. The SEC said Nicholas Czuczko of Beverly Hills, Calif., touted penny stocks on www.thestockster.com even as he planned to sell them. He didn't disclose his sales on the site after visitors to the site drove up the price of the shares, the SEC said. Regulators are seeking a return of ill-gotten gains and civil monetary penalties.