The Securities and Exchange Commission (SEC) has accused BF Borgers, the independent accounting firm for Trump Media & Technology Group, of conducting a “sham audit mill” and committing extensive fraud that impacted over 1,500 SEC filings, according to a federal regulator. The firm is alleged to have lied to clients about the compliance of its work, fabricated audit documents, and made false claims in audit reports. BF Borgers and its owner have agreed to a permanent ban from practicing accounting before the SEC and will pay $14 million in civil penalties.