10:44 AM EDT, 05/03/2024 (MT Newswires) -- BF Borgers CPA PC and its owner, Benjamin F. Borgers, have been charged by the Securities and Exchange Commission for failing to comply with Public Company Accounting Oversight Board standards in its audits and reviews that were incorporated in more than 1,500 SEC filings from January 2021 through June 2023, the agency said Friday.

BF Borgers is the auditor of Trump Media & Technology Group Corp ( DJT ) .

The firm failed to obtain an engagement quality review and didn't adequately supervise and review work of engagement teams as required under PCAOB standards, the SEC said.

"Despite the failures above, Respondents falsely represented in engagement letters to their clients that the audits and quarterly reviews of their financial statements would be conducted in accordance with PCAOB standards, and, with respect to the audits, issued reports falsely certifying that the audits were completed in accordance with those standards," the commission said.

BF Borges didn't immediately respond to an e-mail from MT Newswires seeking comment.

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