Trump Media auditor charged by SEC with 'massive fraud,' permanently barred from public company audits
Trump Media auditor charged by SEC with 'massive fraud,' permanently barred from public company audits
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How bad do you have to screw up to get the SEC to give ya a permanent ban?
How bad do you have to
be if Trump hired you?
Trump only hires the most incompetent people
And useful idiots
You have to lie to clients/customers by saying you comply with with PCAOB standards, fabricate audit reports for over 500 companies while actually failing to conduct real audits, resulting in a negatively affected 1,500 SEC Report filings.
This usually includes things like Annual SEC Filing 10-K reports and Quarterly 10-Q reports, both watched heavily by investors.
All the other companies that paid these shysters to lie about their accounts are looking pretty sweaty right now.
Each and every one of them knew what was going on, and every single one will now lie about it.
Jail them all.
TBH a lot of them probably reported the red flags right away, since with 500 companies you could generate that many reports in 1 to 3 quarters, meaning this decision came comparatively quickly to your average court proceedings.