Lordstown man indicted on securities fraud

Staff report

WARREN

A 52-year-old Lordstown man has been indicted on three counts of securities fraud.

David B. Zuppan of Malibu Drive will be arraigned on the charges at 1:30 p.m. Monday. If convicted, he could get up to 24 years in prison.

Zuppan’s indictment says he committed the crimes from Aug. 8 to 28, 2007. The value of the fraud was $50,000, the indictments says.

According to an Ohio Department of Commerce report, the agency issued a cease and desist order in September to Zuppan and his companies, Columbia Polymers Inc. and Hydrolock Basements Inc., which market a system to prevent water intrusion into basements.

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