NEW YORK (AP) — Trump Media and Technology Group, the owner of social networking site Truth Social, has fired an auditor that federal regulators recently charged with “massive fraud.” The former president’s media company dismissed BF Borgers as its independent public accounting firm on Friday, according to a securities filing — which also notes that […]
Trump Media and Technology Group, the owner of social networking site Truth Social, has fired an auditor that federal regulators recently charged with “massive fraud.”
Trump Media hired a new auditor, after the Truth Social owner fired its
Former President Donald Trump's media company hired a new accounting firm Saturday after its previous auditor was banned from practice due to allegations of "massive fraud."Trump Media & Technology Group has now enlisted Phoenix-based Semple, Marchal & Cooper, according to a Securities and Exchange Commission (SEC) filing.Trump Media's previous firm, BF Borgers — as well as its owner Benjamin Borgers — settled fraud charges, the SEC said Friday.Borgers had made more than 1,500 fraudulent...
The firm and its founder have agreed to pay a combined $12 million in penalties and to a permanent suspension.
Truth Social owner Trump Media & Technology Group announced Monday it fired BF Borgers after US regulators accused the accounting firm of “massive fraud.” The decision to fire BF Borgers was expected and required by regulators. The accounting firm did not respond to a request for comment. Trump Media said in a filing that it “dismissed” BF Borgers as its independent registered public accounting firm on Friday. That was the same day the Securities and Exchange Commission charged BF Borgers and...
DJT shares have bounced up and down since it debuted on the Nasdaq in March.
ProPublica and the New York Times found the former president could end owing the IRS more than $100 million for claiming the same massive losses twice on his namesake River North tower.
A Schuylkill County man is accused of reinstating his lapsed auto insurance policy hours after a crash on Route 222 in Berks and trying to deceive the insurance company to pay for the damage while his car wasn't covered.
Social media users who uploaded a deepfake audio recording of President Marcos are facing cybercrime charges filed by a group of social media influencers.
We in the financial press tend to talk about the meme stock revolution (or craze, or frenzy, or mass delusion) in the past tense. It was a 2021 phenomenon — the climax of a zero-interest rate-fueled euphoria that pit Robinhood hobbyists against Wall Street’s elite, a financial David vs. Goliath, etc. If you can’t remember how the whole thing ended, that’s partly because it never really did. And now the ride-or-die diamond-handed GameStop crowd is trying to get the band back together. See here:...
A woman in Anson County is facing insurance fraud-related charges after falsely receiving additional coverage on a vehicle that was previously in an accident.