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2018-12-28 20:32:00

Biotech Billionaire Settles with SEC over Crypto-Related Penny Stock Scam

Back in September, biotech billionaire Phillip Frost and eight other individuals were charged by the SEC for a penny stock scheme deemed fraudulent. Frost was not at the core of the scheme, which involved buying up penny stocks and effectively pumping their value only to dump them at massive profits. Overall, before they were caught,The post Biotech Billionaire Settles with SEC over Crypto-Related Penny Stock Scam appeared first on CCN