Miami|News|
Miami Philanthropist Charged In $27 Million Stock Fraud
Phillip Frost and 9 others were accused of manipulating stock prices in what the SEC described as "classic pump-and-dump" schemes.

Paul Scicchitano covers the greater Miami area as well as Sarasota, Lakeland and Bradenton for national news website Patch.com. A longtime journalist and editor, Paul's work has appeared in prestigious national publications such as The Washington Post, The Philadelphia Inquirer, Newsmax and Army Times. He has covered some of the most consequential events of our time, including the Challenger disaster, the U.S. invasion of Panama, the fall of the Berlin Wall and the 2012 and 2016 presidential elections. More recently, he covered Hurricane Irma and the Florida school shootings in Parkland. He can be reached at Paul.Scicchitano@patch.com.
Phillip Frost and 9 others were accused of manipulating stock prices in what the SEC described as "classic pump-and-dump" schemes.

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