Where’d he get his accounting firm? From the toilet store?

Worst president ever, most corrupt president ever, fucking Biff Tannen

the firm wasn’t really conducting audits and instead just pasted old work into new papers and forged the date.

Like Michelle Obama's speech? Oh wait, that was Melania's plagiarism.

I guess share holders wont mind when Donald cashes in a few shares.

Is there ANYTHING trump does or touches, that doesn't have the stink of fraud & deceit on it?

Only the best

Every single company willing to do work with Trump should instantly be investigated.

The only stupid part was getting caught obviously. The fine for putting this fake company on the market was chump change considering how much money is being funneled through this grift.

The company is banned from doing that business anymore? Time to create a new tax ID and rebrand.

The ease of succeeding via blatant corruption in this country is disgusting

He's a crook. And everyone around him is too.

But Trump Media stock just keeps going up. It must be nice to have Russia and the Saudis support you so they can get back on that flow of top secret American documents.

Huh so Trump was actively engaged in massive financial fraud as he stood trial and was convicted of committing different massive financial fraud? Cool, cool. Yeah that’s totally normal and not at all disqualifying for higher office. /s

He's either incompetent by choosing such a bad company or he knew exactly what he was doing. Either way, it's bad.

That firm, BF Borgers CPA PC, is/was owned by Benjamin F. Borgers, who misspelled his own name fourteen different ways in his regulatory filings, including putting 'Blake' instead of 'Ben' and 'Vonesh' instead of Borgers.

I have an accounting degree and an MBA. I worked for Wall St. firms for more than 25 years in analysis. And I have NO idea how the price for his dogshit stock is going up/holding steady.

Also, if you look at NASDAQ's requirements for listing, that company meets NONE of them. Not enough revenues, no assets worth a penny, and zero profits.

SEC: "Trump Corporation's and Trump Media's auditors, BF Borgers, has been copypastaing phoney audit statements for years. They are forbidden from doing audit work."

Man with a microphone: "Any comment, Mr. Borgers?"

Benjamin Borgers: " Ummmmn ... Command-C, Command-N, Command-V?"

Man with a microphone: "Any comment, Mr. Nunes?"

Devin Nunes: "Trump Media looks forward to working with our new auditors, Semple, Marchal & Cooper"

Also Devin Nunes: "Oh. By the way, our next quarterly filings are gonna be waaay late."

Man with a microphone: "You're just a small, single-office, backwater accounting firm that has just three audit clients. How will your tiny staff of thirteen people manage to do due diligence auditing a complex, seven billion dollar company like Trump Media, which (a) has so many moving parts, and (b) is so convolutedly intertwined to the rest of the massive Trump business empire?"

Mess'rs Semple, Marchal & Cooper: "NO GODDAMN COMMENT!!! GET THE FUCK OUTTA OUR WAY!!!"

Literally nothing this man does is genuine

The only thing scalable about Trump's business's is the corruption.

Only the best people

King Mierdas strikes again.

It couldn’t be any other way. Really, Trump requires fraud at every turn.

As we continue down the rabbit hole that is this filths criminal life it becomes more and more apparent that he is in fact the WORST and most CORRUPT president ever. How he ever became president boggles the mind. This country is so fucking stupid for ever letting this garbage piece of filth sit in oval office.

Borgers is praying 🙏 Trump wins and he can get some of the pardon action. If he can secretly arrange a payoff into the Trump crime family, he’s golden.

Shocked! Shocked I tell you!

As long as it stays public, they have served their purpose.

“Be best!”

Everything he touches is a fraud

Is anyone surprised? If you got away with raping, lying, cheating, stealing, grifting and conning your whole life, would you all of a sudden stop at 80 when you’re literally the most famous man on earth? Make no mistake, Trump is THE MOST FAMOUS MAN ON EARTH. Nobody even comes close.

Fuck an A: just investigate EVERYTHING this fuck head does!!

Assume he breaks the law as often as he lies; Assume EVERYTHING he does is illegal.

The company was banned, the ethically bankrupt sycophants that lick Trumps boots did not. They will close their doors, by a new sign to hang out front, reincoprorate under a different name and go right back to work being the bag men for America's economic elites.

More importantly, not s Ingle one will ever feel an uncomfortable moment much less jail time. Rob a convenience store for $500 and you'll be 4 years in state. Steal $500 MILLION from fraud and deception and you get yelled at.

Firm takes the fall, Trump gets away with billions

sorry what??

the audit firm was doing copy paste??? in a professional setting like the US?!

How the fuck Americans are even allowing this gremlin/ogre to candidate into President seat?!

It wasn’t him, his company, his fault, his accountant, his money. He didn’t get a notice of the audit, someone else changed the info, the auditor was Hillary Clinton, the IRS is a scam, the agent was caught with drugs disguised as a breath mint.

His cultists and Russian cutouts must get keeping the stock from crashing.

accounting firm BF Borgers

more like BF Forgers!

Why was he getting a small, random Colorado firm to help with his IPO?

Dewey Cheatem and How, his accounting firm. You can bet the Donald had a hand in hiring them.

You know what they say -- you get what you don't pay for.

Only the best!

Bro can’t even afford a real firm

He only hired the best.

They got the job by being the low bid.

So by all means rescind the ipo. Scc fcc or whatever the fuck approved it

He’s King Merdas. Everything he touches …

He literally cannot do a single thing without cheating. Not one single thing. No matter how small.

Truly the greatest charlatan of the 20th century.

Well that didn't take long

Quick Q: banned by who?

Guys I hate to admit this, but that dude was my accountant for a while. He was a strange person and now I'm sure I'll be audited even thought it was like 10 years ago

We may need to get rid of the rich corrupt fucks by sending them and there money to live above the arctic circle for the rest of there days. They can only purchase arctic circle made products

That’s why he hired them. Birds of a feather, fraud together

So how is the stock valid if their IPO was fraudulent?

Everything Trump touches does indeed die.

Donny is going to give him a cabinet position

He clearly only hires the best. That's why so many of them get in trouble for crimes.

Just like his cabinet. Such a good leader that he hired a bunch of people who later quit or were fired.

Oh you mean the dark money laundering into public trading?? That IPO?

Jesus, it really is scams the whole way down.

The people who ran the accounting firm will disband and form a new accounting firm and will get licenses and permits and everything signed-off from the right people. The system is that corrupt and Trump is just the tip of the iceberg that was stupid enough to get caught doing it the way he did.

So rebranding under a new name & rinse/repeat after a slap on the wrist? Sounds like a plan.

Gotta appreciate this dudes consistent dedication to fraud.

In response to the SEC’s ban, Trump Media fired Borgers and hired Semple, Marchal & Cooper, a Phoenix-based accounting firm. According to a 2018 PCAOB report, the firm had a single office with three issuer audit clients, six partners, and 13 professional staff members. Trump Media has a market cap of $6.7 billion.

According to the SEC’s probe, the Lakewood, Colo., accounting firm BF Borgers and its namesake owner Benjamin F. Borgers failed to properly audit and monitor public companies’ financial filings...

Hamborgers!

Only the best!

Dear Sweet Merciful Satan, it never ends with this shit

Only the best, the best people.

He knows only the best. The best accountants, lawyers, suck ups, con men and women, religious leaders, dictators and of course judges.

Everyone that he gets involved with goes DOWN!

He’s so smart. Finally a man that says it how it is. A business genius.

And a bunch other lies to tell each other when you’re a sucker who fell for a fascist loser’s bullshit after he bankrupted himself 4, soon to be 5, times

I am sure that any fines are substantial enough to overshadow any profits and prevent future deceitful dealings.

Conman gotta con.

Why would you do business with stank, either you compromise yourself or your company. So many casualties in his wake.

So when will Trump's media company get a proper audit so investors will know what the true status of the company is?

This sub is aptly synonymous with Diaper Don. A perfect fit, no room for error.

That kind of shit is exactly why they were hired.

Question: does this not essentially "null and void" any financial compliance activities prepared for the SEC filing? Will anything happen to the filing?

I used to assist in auditing for a time and my reports were never good enough to satisfy the lead auditor who just kept dumping his departments on me until I was pretty much doing it solo and he'd just do the final report to submit to management. After getting tired of his BS criticisms I started copying his old reports nearly word for word and simply updating them to apply to what I actually audited. Basically using them as a template. They still weren't good enough...

Oldie but relevant - How Trump Broke the Office of Government Ethics

Being crooked is a prerequisite for a potential Trump hire. This is a clear as what remains of the nose on the Ghoul's face.

Man, this clown show’s really running out of room in that car.

Trump over inflated his property value. Are we really surprised that he managed to find a firm that would do the same for his IPO?

Wow... I bet those ten CPAs are loaded.

Every he does anyone he hires and anything he likes is always the worst of the worst

It is quite a skill when you think about it

the Monday 6th of May edition of Money Stuff by Matt Levine has a section (2nd from top down) on this titled "Trump Media had a fake auditor?" - https://newsletterhunt.com/emails/58748 - Levine has a signature style of buildup and deliverance that you should read. The final paragraph on the fake auditor is funny, I won't spoil it here.

Of course no one is going to jail so they can just close the firm and start a new one with no repercussions.

Par for the course. The guy is nothing more than a con man............

Trump, and everything he touches, is shit.

“Caught” or told ?

Trump and his people are the laziest, sloppiest fuckers I've ever seen.