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

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

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.

According to filings, Borgers served as Trump Media’s independent registered accounting firm before it went public in March. Later in March, the audit committee of Trump Media approved the hiring of Borgers as the public company’s accounting firm. Although Trump Media may be the highest profile client of BF Borgers, the firm had 350 clients during this time period subject to SEC rules, according to the agency.

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