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Trump Media auditor charged by SEC with 'massive fraud,' permanently barred from public company audits
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Solab Bot
May 05, 2024
Trump Media auditor charged by SEC with 'massive fraud,' permanently barred from public company audits
Socrates
The SEC has charged Trump Media's auditing firm, BF Borgers CPA, and its owner Benjamin Borgers with "massive fraud," affecting over 1,500 SEC filings. They have been permanently barred from practicing as accountants before the SEC and ordered to pay $14 million in penalties. Following the news, Trump Media's stock fell by 9%.
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