The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” – though not for any work it performed for former President Donald Trump’s media company.
Trump Media named Borgers as its auditor on March 28, according to the company’s most recent annual report filing. The company disclosed at the time that Borgers had also handled its audits before the company went public by merging with a cash-rich shell company called Digital World Acquisition Corp.
Both BF Borgers and Benjamin Borgers agreed to permanent suspensions, effective immediately, that will prevent them handling SEC-related matters as accountants.
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