SEC Charges Firm with 'Massive Fraud' Impacting Trump's Truth Social Audits
Friday, 3 May 2024, 14:55
SEC Charges Firm with 'Massive Fraud'
The Securities and Exchange Commission (SEC) has charged auditing firm BF Borgers CPA PC with 'massive fraud' in their audits of Trump's Truth Social. This scandal has impacted hundreds of filings and revealed deliberate and systemic failures in the firm's practices. The violations included creating false documentation to give the impression of compliance with standards established by the Public Company Accounting Oversight Board.
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