BF Borgers agrees to $12m civil penalty and owner Benjamin Borgers agrees to pay $2m
The auditor for former president Donald Trump’s Trump Media was accused of running a “massive fraud” and a “sham audit mill” by the US’s top financial regulator on Friday.
BF Borgers and its owner Benjamin Borgers, whose clients include Trump Media, were charged by the US Securities and Exchange Commission (SEC) with a fraud that affected more than 1,500 SEC filings. Borgers has also acted for financial tech and crypto companies, SEC filings show.
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