Trump media articles
-
Trump Media's Auditor Hit With 'Massive Fraud' Charge: What We Know
An accounting firm that handled former President Donald Trump's social media company has been accused of "massive fraud" and shut down by the U.S. Securities and Exchange Commission (SEC).Gurbir Grewal, director of the SEC's enforcement division, called BF Borgers a "sham audit mill" in a press release on Friday. The firm is accused of "deliberate and systemic failures" in independent audits and reviews that were later included in more than 1,500 SEC filings for public companies from January...
-
Trump Media’s accounting firm charged with ‘massive fraud’
BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission on Friday with widespread fraud impacting more than 1,500 filings. The SEC made no allegation of wrongdoing against Trump Media, which is not mentioned in the charges from the regulator. The SEC accused BF Borgers of “deliberate and systemic failures,” including “fabricating” audit documentation and falsely representing to clients its work would comply with accounting...
-
Trump Media shares rise again, jump 50% in the past week
The stock has had several volatile days in the past month, trading at a high of about $60 a share and a low of just over $20 per share.