The Securities and Exchange Commission (SEC) on Friday charged the accounting firm for former President Donald Trump’s social media company with “massive fraud” after an investigation uncovered “deliberate and systemic failures” to comply with U.S. audit standards. According to the SEC, BF Borgers and its owner Benjamin Borger allegedly fabricated documents and falsely represented to clients that its audit work would comply with accounting rules following a review of more than 1,500 SEC filings from 2021 to 2023. The Colorado-based firm and its owner have agreed to pay a combined $14 million to settle the charges, and were required to stop filing audited statements on behalf of it
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