Trump Media hires new auditor after previous accounting firm charged with 'massive fraud'
CNBC - 2024-05-06T13:53:27.000Z

Trump Media hired a new auditor, after the Truth Social owner fired its previous public accounting firm, BF Borgers CPA. The Securities and...

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Trump Media gets new accountants after last firm charged with 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...
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- 2024-05-06T00:00:00.000Z
The accounting firm that Trump hired for his media firm’s IPO was caught copy-and-pasting previous audits and is now banned forever
The firm and its founder have agreed to pay a combined $12 million in penalties and to a permanent suspension.
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- 2024-05-06T21:53:56.000Z
Trump Media fires auditing firm that US regulators have charged with ‘massive fraud’
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 […]
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- 2024-05-06T16:37:59.000Z