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The Securities and Exchange Commission accused the auditor of Donald Trump's social-media company of fraud that affected more than 1,500 regulatory filings.
Trump Media “looks forward to working with new auditing partners in accordance with today’s SEC order,” a representative for the company said.
One of the nation's most prolific auditors, BF Borgers faces permanent suspension from practicing as accountants before the SEC and a total of $14 million in fines.
(Bloomberg) -- The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud affecting hundreds of companies and more than 1,500 regulatory filings.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTrump Aide Hicks Cries on W
The US’s Public Company Accounting Oversight Board found multiple deficiencies in every audit it reviewed from the firm over the past two annual checks.