May 3, 2024/US SEC The Securities and Exchange Commission today charged audit firm BF Borgers CPA PC and its owner, Benjamin F. Borgers (together, “Respondents”), with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 […]
Frauds & Scandals
SEC Charges Missouri Man and His Company with Offering Fraud
May 3, 2024/US SEC The Securities and Exchange Commission today filed a litigated action charging Robert M. Thompson and a private entity he controls, Financial Freedom Foundation d/b/a/ F3 Mastermind (“F3 Mastermind”) with defrauding investors in three securities offerings. According to the SEC’s complaint, since at least early 2019, Thompson, […]
SEC Obtains Monetary Judgment Against Unregistered Broker
May 1, 2024/US SEC On April 30, 2024, the United States District Court for the Northern District of Texas granted the Securities and Exchange Commission’s request for monetary remedies against Daniel E. Levin. According to the SEC’s complaint filed on May 9, 2023, Levin solicited investors to purchase approximately $2.6 […]
