GobsPint: ←Created page with ''''BF Borgers''' is an accounting firm that based in Lakewood, CO that specialized in public accounting. <ref name="about">{{cite web |title=About Our Firm |url=https://www.bfbcpa.us/about-our-firm/ |publisher=BF Borgers |access-date=4 May 2024}}</ref> On May 3, 2024, the SEC charged the firm with fraud for 1500 SEC filings, including 500 public companies, between January 2021 through June 2023 for failing to comply with Public Company Accou...'
'''BF Borgers''' is an [[accounting firm]] that based in [[Lakewood, CO]] that specialized in [[public accounting]]. <ref name="about">{{cite web |title=About Our Firm |url=https://www.bfbcpa.us/about-our-firm/ |publisher=BF Borgers |access-date=4 May 2024}}</ref>
On May 3, 2024, the SEC charged the firm with fraud for 1500 SEC filings, including 500 public companies, between January 2021 through June 2023 for failing to comply with [[Public Company Accounting Oversight Board]] (PCAOB) standards.<ref name="SEC">{{cite news |title=SEC Charges Audit Firm BF Borgers and Its Owner with Massive Fraud Affecting More Than 1,500 SEC Filings |url=https://www.sec.gov/news/press-release/2024-51 |access-date=4 May 2024 |work=Securities and Exchange Commission |date=May 3, 2024 |location=Washington D.C. |id=2024-51| quote=The Securities and Exchange Commission today charged audit firm BF Borgers CPA PC and its owner, Benjamin F. Borgers (together, “Respondents”), with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 SEC filings from January 2021 through June 2023. The SEC also charged the Respondents with falsely representing to their clients that the firm’s work would comply with PCAOB standards; fabricating audit documentation to make it appear that the firm’s work did comply with PCAOB standards; and falsely stating in audit reports included in more than 500 public company SEC filings that the firm’s audits complied with PCAOB standards. To settle the SEC’s charges, BF Borgers agreed to pay a $12 million civil penalty, and Benjamin Borgers agreed to pay a $2 million civil penalty. Both Respondents also agreed to permanent suspensions from appearing and practicing before the Commission as accountants, effective immediately.}}{{source-attribution}}</ref><ref name="Goswami2024">{{cite news |last1=Goswami |first1=Dan Mangan,Rohan |title=SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban |url=https://www.cnbc.com/2024/05/03/tru...nently-barred-from-public-company-audits.html |access-date=4 May 2024 |work=CNBC |date=3 May 2024 |language=en}}</ref> The firm received a $12 million fine and has received a lifetime ban.<ref name="Goswami2024"/><ref>{{cite news |last1=Goswami |first1=Dan Mangan,Rohan |title=SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban |url=https://www.cnbc.com/2024/05/03/tru...nently-barred-from-public-company-audits.html |access-date=4 May 2024 |work=CNBC |date=3 May 2024 |language=en}}</ref>
The firm was found to have falsified documents, fabricated meetings, and concocted work documentation.<ref name="Beyoud2024">{{cite news |last1=BEYOUD |first1=LYDIA |last2=WEINSTEIN |first2=AUSTIN |last3=WHITE |first3=NICOLA M. |title=Trump Media's accounting firm accused of massive fraud as a 'sham audit mill' that created false papers, did nonexistent work, and fabricated meetings |url=https://fortune.com/2024/05/03/trum...ck-accounting-firm-borgers-massive-fraud-sec/ |access-date=4 May 2024 |work=Fortune |date=May 3, 2024 |language=en}}</ref><ref name="Goldstein2024">{{cite news |last1=Goldstein |first1=Matthew |title=Auditor That Works for Trump Media Is Charged With Fraud |url=https://www.nytimes.com/2024/05/03/business/auditor-trump-media-fraud.html |access-date=4 May 2024 |work=The New York Times |date=3 May 2024}}</ref>
==References==
* {{SEC.gov}}
{{reflist}}
{{Corporate scandals}}
{{business-stub}}
{{accounting-stub}}
Okumaya devam et...
'''BF Borgers''' is an [[accounting firm]] that based in [[Lakewood, CO]] that specialized in [[public accounting]]. <ref name="about">{{cite web |title=About Our Firm |url=https://www.bfbcpa.us/about-our-firm/ |publisher=BF Borgers |access-date=4 May 2024}}</ref>
On May 3, 2024, the SEC charged the firm with fraud for 1500 SEC filings, including 500 public companies, between January 2021 through June 2023 for failing to comply with [[Public Company Accounting Oversight Board]] (PCAOB) standards.<ref name="SEC">{{cite news |title=SEC Charges Audit Firm BF Borgers and Its Owner with Massive Fraud Affecting More Than 1,500 SEC Filings |url=https://www.sec.gov/news/press-release/2024-51 |access-date=4 May 2024 |work=Securities and Exchange Commission |date=May 3, 2024 |location=Washington D.C. |id=2024-51| quote=The Securities and Exchange Commission today charged audit firm BF Borgers CPA PC and its owner, Benjamin F. Borgers (together, “Respondents”), with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 SEC filings from January 2021 through June 2023. The SEC also charged the Respondents with falsely representing to their clients that the firm’s work would comply with PCAOB standards; fabricating audit documentation to make it appear that the firm’s work did comply with PCAOB standards; and falsely stating in audit reports included in more than 500 public company SEC filings that the firm’s audits complied with PCAOB standards. To settle the SEC’s charges, BF Borgers agreed to pay a $12 million civil penalty, and Benjamin Borgers agreed to pay a $2 million civil penalty. Both Respondents also agreed to permanent suspensions from appearing and practicing before the Commission as accountants, effective immediately.}}{{source-attribution}}</ref><ref name="Goswami2024">{{cite news |last1=Goswami |first1=Dan Mangan,Rohan |title=SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban |url=https://www.cnbc.com/2024/05/03/tru...nently-barred-from-public-company-audits.html |access-date=4 May 2024 |work=CNBC |date=3 May 2024 |language=en}}</ref> The firm received a $12 million fine and has received a lifetime ban.<ref name="Goswami2024"/><ref>{{cite news |last1=Goswami |first1=Dan Mangan,Rohan |title=SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban |url=https://www.cnbc.com/2024/05/03/tru...nently-barred-from-public-company-audits.html |access-date=4 May 2024 |work=CNBC |date=3 May 2024 |language=en}}</ref>
The firm was found to have falsified documents, fabricated meetings, and concocted work documentation.<ref name="Beyoud2024">{{cite news |last1=BEYOUD |first1=LYDIA |last2=WEINSTEIN |first2=AUSTIN |last3=WHITE |first3=NICOLA M. |title=Trump Media's accounting firm accused of massive fraud as a 'sham audit mill' that created false papers, did nonexistent work, and fabricated meetings |url=https://fortune.com/2024/05/03/trum...ck-accounting-firm-borgers-massive-fraud-sec/ |access-date=4 May 2024 |work=Fortune |date=May 3, 2024 |language=en}}</ref><ref name="Goldstein2024">{{cite news |last1=Goldstein |first1=Matthew |title=Auditor That Works for Trump Media Is Charged With Fraud |url=https://www.nytimes.com/2024/05/03/business/auditor-trump-media-fraud.html |access-date=4 May 2024 |work=The New York Times |date=3 May 2024}}</ref>
==References==
* {{SEC.gov}}
{{reflist}}
{{Corporate scandals}}
{{business-stub}}
{{accounting-stub}}
Okumaya devam et...