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SEC charges auditor BF Borgers with ‘massive fraud’

BF Borgers website.
Photo: BF Borgers website

BF Borgers and owner Benjamin Borgers charged by the SEC in case affecting more than 1,500 SEC filings.

Accounting firm BF Borgers has been charged by the SEC with widespread fraud affecting more than 1,500 filings.

BF Borgers agreed to pay a $12m civil penalty, and its sole audit partner, Benjamin F Borgers agreed to pay $2m, to settle the SEC’s charges. They also agreed to permanent suspensions from