Former highflying penny-stock operators Steve Moskowitz and Michael Metter were indicted by a Brooklyn federal grand jury yesterday on securities fraud, conspiracy to commit money laundering and perjury charges

The two executives are accused of fabricating customers for their company, SpongeTech Delivery Systems, a New York maker of soap-infused sponges, in order to inflate revenues and up pump the stock.

The indictment charges the executives with lying while testifying under oath to the Securities and Exchange Commission about several large customers.