Oddbean new post about login | logout SEC Charges Auditing Firm for Trump Media with 'Massive' Fraud. https://www.meidastouch.com/.image/c_limit%2Ccs_srgb%2Cq_auto:eco%2Cw_700/MjA2MTc2MjA5NzYyMDAyMDE5/shutterstock_2205178561.webp
The SEC alleges that the firm engaged in deliberate and systematic failures,including fabricating audit documentation and falsely representing compliance with accounting standards. This fraudulent conduct affected more than 1,500 SEC filings. As a result, BF Borgers and Benjamin F. Borgers have been permanently suspended from practicing as accountants and have agreed to pay a combined $14 million
