Current location:Culture Compass news portal > world
Trump Media fires auditing firm that US regulators have charged with 'massive fraud'
Culture Compass news portal2024-05-07 12:12:30【world】8People 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://burundi.liveandunplugged.org/article-37b399637.html
Very good!(87)
Related articles
- Minnesota legislators consider constitutional amendment to protect abortion and LGBTQ rights
- Rampaging elephant herd razes 500km path of destruction
- Coronavirus: Documentary claims to expose Chinese COVID
- Snake on a plane! Footage captures the moment a SERPENT emerges above an overhead bin mid
- Strictly's Katya Jones, 34, shares fears over her 'maternal clock' amid busy dance schedule
- Crackdown on phone scammers leads to cutback in victim numbers
- Tipping etiquette: Your questions answered
- Chinese legislators endorse tighter control over Hong Kong, Australia concerned over move
- Revealed: Bernard Hill's touching seven
- Coronavirus China: Wuhan lab staff 'had virus symptoms before first confirmed cases'
Popular articles
Recommended
Millions of people across Oklahoma, southern Kansas at risk of tornadoes and severe thunderstorms
Asbestos exposure register should be continued
Supermarket facial recognition trial: Rotorua mother’s ‘discrimination’ ordeal
A silenced merry
NBC will stick with dual announcers and analysts for the US Open
Michigan school shooter's mother convicted of manslaughter
Rampaging elephant herd razes 500km path of destruction
Supermarket facial recognition trial: Rotorua mother’s ‘discrimination’ ordeal
Links
- Missouri Supreme Court strikes down 2022 vote on Kansas City police funding
- Minor league infielder Keiner Delgado traded from Yankees to Pittsburgh Pirates
- US House votes to remove wolves from endangered list in 48 states
- Whoopi Goldberg fights back tears as The View host defends 'mad' student protesters
- The Valley's Jesse Lally steps out with stunning new girlfriend Lacy Nicole
- Climate change could virtually disappear in Florida — at least according to state law
- Lucknow beats Mumbai by 4 wickets to rise to third in IPL
- Rodeo bullfighter wrangles three zebras on the loose in Washington
- Minor league infielder Keiner Delgado traded from Yankees to Pittsburgh Pirates
- Armed men storm a hospital in central Mexico, killing a patient