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Trump to receive bonus worth $1.2bn for Trump Media stock performance
A price floor means ex-president gets bonus even though Trump Media & Technology Group’s stock value has plummeted
Former president Donald Trump qualified for a bonus worth $1.2bn after shares in his social media company remained above a certain value despite falling sharply.
Trump is poised to receive 36m additional shares in Trump Media & Technology Group (TMTG), owner of his Truth Social platform, under an “earn-out” windfall which boosts the paper value of his stake in the business to about $3.7bn.
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SEC Charges Trump Media Auditor With Fraud
Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow.The New York Times - Business - Donald Trump -
Trump Media's auditor is charged with "massive fraud" by the SEC
Audit firm BF Borgers allegedly failed to comply with accounting standards and fabricated audit documentation, regulators claim.CBS News - Top stories - Donald Trump -
Election special — local poll results roll in
Tories in trouble after election lossesFinancial Times - World -
SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban
Trump Media, the owner of the Truth Social app, trades under the DJT ticker. Former President Donald Trump is the majority shareholder of the company.CNBC - Business - Donald Trump -
SEC shuts down Trump Media auditor over ‘massive fraud’
BF Borgers ran ‘sham audit mill’ whose work affects more than 1,500 corporate filings, US financial regulator saysFinancial Times - Business - Donald Trump -
OK maybe Trump Media’s auditor is really bad at a lot of things
The bell tolls for Big BenFinancial Times - Business - Donald Trump -
Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'
The Securities and Exchange Commission has charged the auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump's media companyABC News - Tech - Donald Trump -
Trump Media auditor charged by SEC with 'massive fraud,' barred from public company audits
woman for Trump Media did not immediately respond to comment on the SEC complaint.NBC News - Top stories - Donald Trump -
SEC charges firm that audits Trump’s social-media company with ‘massive fraud’ affecting hundreds of filings
The regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “deliberate and systemic failures” that included false documentation to make it appear its reports complied with standards set by the Public Company Accounting ...MarketWatch - Business
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Israel shuts down local Al Jazeera offices in ‘dark day for the media’
Foreign Press Association decries move under new law based on claim network is a threat to national security . Israeli authorities shut down the local offices of Al Jazeera on Sunday, hours after a government vote to use new laws to close the ...The Guardian - World - Israel -
Xi Jinping arrives in France with Ukraine and an EU trade row at the top of his agenda
On his first visit to Europe since 2019, Xi is set to meet with Emmanuel Macron before heading to Serbia and Hungary. President Xi Jinping has lauded China’s ties with France as a model for the international community, as he arrived in Paris for a ...The Guardian - World - Ukraine -
Men believed to be missing surfers died from gunshots, Mexican officials say
Families of men presumed to be two Australians and American who went missing in Baja California arrive in Tijuana to identify bodies. The bodies believed to be those of the two Australians and an American who went missing in the Pacific coast ...The Guardian - World -
Flooding death toll in south Brazil rises to 75 as over 100 people remain missing
Officials in Rio Grande do Sul state say more than 80,000 have been displaced by record water levels. Seventy-five people are now known to have died in the flooding in Brazil’s southern Rio Grande do Sul state, while more than 100 people remain ...The Guardian - World - Brazil -
Eurovision winner Jamala says Ukraine ‘cannot afford’ to boycott contest
Singer says her country needs the opportunity to remind Europe of Russia’s invasion. Ukraine’s former Eurovision winner Jamala has said her country “cannot afford” to boycott the song contest because it needs the opportunity to remind Europe of ...The Guardian - World - Ukraine