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Published 15 days ago

Trump Media’s accounting firm charged with ‘massive fraud’

  • The SEC charged BF Borgers and Benjamin F. Borgers for failures in over 1,500 audits, imposing a $14 million fine and stopping their practice as accountants immediately.
  • To settle, BF Borgers agreed to a $12 million penalty, while Benjamin F. Borgers agreed to pay $2 million.
  • Gurbir Grewal labeled BF Borgers a "sham audit mill," with both entities barred from handling SEC-related matters permanently.
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