Trump Media accounting firm charged by SEC with 'massive fraud'

BF Borgers, the accounting firm for Trump Media & Technology Group, was charged by the SEC for engaging in "massive fraud" across over 1500 filings. The firm allegedly failed to meet auditing standards, fabricated documents, and misrepresented compliance in SEC filings from January 2021 to June 2023. As a settlement, BF Borgers and its owner will pay a total of $14M in civil penalties.