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- Trump Media's auditor, BF Borgers, committed fraud in 1,500 filings, the SEC said.
- The firm and its owner are set to pay $14 million in penalties and have been banned from accounting.
- "Trump Media looks forward to working with new auditing partners," a spokesperson said.
The Securities and Exchange Commission on Friday charged the accounting firm BF Borgers and its owner, Benjamin Borgers, with "massive fraud."
Borgers handled auditing for former President Donald Trump's media company, Trump Media & Technology Group, during which Borgers spelled his own name 14 different ways in filings.
"Trump Media looks forward to working with new auditing partners in accordance with today's SEC order," a TMTG spokesperson told Business Insider.