Current location:Stellar Scope news portal > business
Trump Media fires auditing firm that US regulators have charged with 'massive fraud'
Stellar Scope news portal2024-05-20 07:40:47【business】1People have gathered around
IntroductionNEW YORK (AP) — Trump Media and Technology Group, the owner of social networking site Truth Social,
NEW YORK (AP) — Trump Media and Technology Group, the owner of social networking site Truth Social, has fired an auditor that federal regulators recently charged with “massive fraud.”
The former president’s media company dismissed BF Borgers as its independent public accounting firm on Friday, according to a securities filing — which also notes that Trump Media engaged with Arizona-based accountant Semple, Marchal & Cooper as BF Borgers’ replacement over the weekend.
BF Borgers’ dismissal arrived on the same day that the Securities and Exchange Commission charged the firm and its owner Benjamin F. Borgers with “deliberate and systematic failures” in more than 1,500 audits.
The charges, which include failing to abide by accounting rules and fabricating documentation to cover up its shortcomings, do not involve any work that BF Borgers performed for Trump Media. To settle the charges, BF Borgers and Borgers agreed to pay a combined $14 million in civil penalties as well as permanent suspensions effective immediately, set to prevent them from handling SEC-related matters as accountants.
Address of this article:http://belize.popular-vines.com/article-26a799247.html
Very good!(3278)
Related articles
- Jetstar passenger finds genius way to book 58 flights for FREE
- Crews to extinguish fire from train derailment near Arizona
- Nurse hat trick helps Toronto clinch top
- Arsenal survives scare at Tottenham and extends lead at the top to four points
- WNBA to see if Vegas tourism can sponsor Aces players for $100K
- Prince Harry and Meghan to visit Nigeria in May for Invictus Games talks
- The Canucks are starting a 3rd different goalie, Arturs Silovs, in Game 4 of series with Predators
- Rangers rookie Wyatt Langford hits an inside
- Best places to live in the US revealed
- Jets defenseman Brenden Dillon out for Game 4 against Avalanche with lacerated hand
Popular articles
Recommended
Gaza: US, international volunteer doctors trapped in hospital by Israeli assault
Dan Rather returns to CBS News after a bitter departure 18 years ago
Inter Milan celebrates winning Serie A title with victory over Torino
How to design a volunteering program in your workplace
Lawrence Wong sworn in as Singaporean Prime Minister
Hawaii military family sues over jet fuel leak into Navy water system
Rose Lavelle scores in Gotham debut for 1
Demolition workers discover mysterious 100
Links
- Government thinks disabled 'add no value to society'
- Joe Biden Inauguration: World hopes for renewed cooperation with US under Biden
- On Your Side: Who needs a will, and how do you create one?
- Joe Biden Inauguration: World hopes for renewed cooperation with US under Biden
- Travel influencer reveals genius hack for getting toddlers to sleep on flights
- Property listings hit near
- Oranga Tamariki IT overhaul leaves social workers without access to some information
- Your guide to a year in Greece: Time your trip to get the best of the country's historic sites
- Pictured: Twelve jaw
- Target launches new paid membership program in a bid to drive increased sales