Tag: Benjamin F Borgers

BF Borgers CPA and Owner Charged for “Sham Audit Mill” Operation in Massive SEC Action

SEC Charlene Lensburg - May 6, 2024

The U.S. Securities and Exchange Commission (SEC) has taken decisive action against BF Borgers CPA PC and its owner, Benjamin F. Borgers, charging them with extensive failures in their audit practices, affecting over 1,500 SEC filings between January 2021 and June 2023. The firm, which audited Trump Media, among other clients, has been labeled a "sham audit mill," accused of generating false documents, conducting non-existent work, and creating fictitious meeting records.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.