Trump Media auditor hit with SEC charges over 'massive fraud'

As former President Donald Trump faces a criminal trial in New York, the auditing firm for his media company is facing charges after the Securities and Exchange Commission detected “massive fraud” pertaining to more than 1,500 filings.

The charges against the auditing firm for Trump Media have resulted in permanent suspensions for the auditor BF Borgers CPA and its owner Benjamin Borgers as of Friday. Borgers and his firm agreed to resign and also agreed to pay a combined $14 million in civil penalties, according to an SEC press release.