Trump Media fires audit firm BF Borgers after SEC bars it for 'fraud'
The company behind former President Donald Trump's Truth Social has enlisted a new firm to audit its financial documents
Source: qz.com
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Trump Media Replaces Its Accounting Firm BF Borgers With Semple, Marchal & Cooper
Trump Media & Technology Group Corp. (DJT), a media and technology company founded by former US President Donald Trump, has recently terminated its accounting firm BF Borgers CPA.
Source: rttnews.com
Trump Media: Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'
The Securities and Exchange Commission (SEC) charged auditing firm BF Borgers and its owner, Benjamin F. Borgers, with "massive fraud" for deliberate failures in over 1,500 audits. Despite being hired by Trump Media and Technology Group just 37 days prior, the charges are unrelated to their work for the company. The firm agreed to a $12 million fine, with Benjamin Borgers facing a $2 million fine and both agreeing to permanent suspensions from handling SEC-related matters. The SEC found that BF Borgers fabricated documentation, failed to follow accounting rules, and falsely stated th...
Source: indiatimes.com
Trump Media auditor shut down and charged with 'massive fraud'
The audit firm used by Donald Trump’s social media company has been shut down by US regulators after being accused of running a “sham audit mill”.
Source: yahoo.com
Auditor That Works for Trump Media Is Charged With Fraud
Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow.
Source: nytimes.com