Trump’s Failing Social Media Bailout Bid Just Got Even Worse
Federal regulators have shut the media company’s auditor down for alleged fraud.
The auditor for Donald Trump’s social media company Truth Social doesn’t look so clean.
On Friday, the Securities and Exchange Commission charged auditor BF Borgers CPA for “massive fraud” that affected more than 1,500 SEC filings.
The accounting group and its owner, Benjamin Borgers, have agreed to pay $14 million in civil penalties and are permanently suspended from practicing as accountants.
This is a developing story.