An auditing firm that counted Trump Media among its clients has been barred from practicing accounting for committing “massive fraud,” the Securities and Exchange Commission said on Friday. BF Borgers and its owner, Benjamin F. Borgers, were charged with “deliberate and systemic failures” to comply with audit standards in more than 1,500 filings, the SEC said on Friday. The firm also falsely claimed to clients that it was adhering to those standards and falsified documents to make it appear so,...
Trump Media hired a new auditor, after the Truth Social owner fired its
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.”
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...
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 […]
The firm and its founder have agreed to pay a combined $12 million in penalties and to a permanent suspension.
DJT shares have bounced up and down since it debuted on the Nasdaq in March.
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...
Biden and Trump are jumping into the fray.
Aiden Pleterski, known in the crypto community as the “Crypto King,” and his associate Colin Murphy have been formally charged with serious financial offenses. These charges emerged from an extensive joint investigation, Project Swan, conducted by the Durham Regional Police Service (DRPS) and the Ontario Securities Commission (OSC). The investigation focused on allegations of fraud […]
The media virulently attacking Trump’s proposal are directly opposing the many voters across the American political spectrum who support it.
This is likely the only Trump trial before the election – and the only hope for a shred of accountability for his endless misdeedsWhen you set out to explore Donald Trump’s personal life and business practices, you don’t expect to meet any paragons of virtue.Sleazy media figures who buy and “kill” damaging stories? Yes. An adult film actor ready to tell all to make a buck? Certainly. A parade of spokespeople and staffers who compromised their own integrity during his presidential administration?...