The accounting firm that Trump hired for his media firm’s IPO was caught copy-and-pasting previous audits and is now banned forever


by Fortune

Fortune— The firm and its founder have agreed to pay a combined $12 million in penalties and to a permanent suspension.

CNBC—Trump Media hires new auditor after previous accounting firm charged with 'massive fraud'. Trump Media hired a new auditor, after the Truth Social owner fired its previous public accounting firm, BF Borgers CPA. The Securities and...

CNN—Trump Media fires accounting firm after old one accused of being a ‘sham audit mill’. 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...

The Washington Times—Trump Media fires BF Borgers, auditing firm that U.S. regulators have charged with 'massive fraud'. 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.”