0
SEC accuses Truth Social auditor of fraud, bars it from accounting work - The Wa...
source link: https://www.washingtonpost.com/technology/2024/05/03/trump-media-auditor-borgers-suspended-permanently/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Close
Trump Media auditor charged by SEC with ‘massive fraud’
Regulators said B.F. Borgers’ “deliberate and systemic failure” led to errors in more than 1,500 of its filings
By Drew Harwell
May 3, 2024 at 11:06 a.m. EDT
Listen
Share
Comment
The auditor for former president Donald Trump’s media company was charged with “massive fraud” Friday by the Securities and Exchange Commission, which accused the firm of being a “sham audit mill” whose failures put investors at risk.
The auditor, BF Borgers, and its owner, Benjamin Borgers, agreed to a permanent suspension from accounting work and to pay $14 million in civil penalties, federal regulators said.
By Drew Harwell
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK