Trump Media’s Accounting Firm Charged With ‘Massive Fraud’ By SEC

6 months ago 3
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Why, oh why, does this keep happening to entities associated with Donald Trump? It's truly one of life's mysteries that criminals keeping associating themselves with Trump. BF Borgers are suspended from practicing as accountants, and received $14 million in fines. And it wasn't just done for Trump Media. In total, over 1500 SEC filings were found to be fraudulent. These are civil penalties so we'll see if the SEC's investigation leads to a criminal investigation as well.

Earlier this year, BF Borgers were also kicked out of Canada for the same fraudulent practices and incurred a $1.2 million fine.

Source: CNN

New York CNN — BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission on Friday with widespread fraud and accused of operating a “sham audit mill.”

The SEC made no allegation of wrongdoing against Truth Social owner Trump Media (DJT), which is not mentioned in the charges from the regulator.

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