Oliber: "Without admitting or denying the SEC's findings, the firm has agreed to pay a $12mn penalty and Ben Borgers to pay $2mn." Oliber: "The agency said it was stepping in to permanently close what it called a "massive fraud" and "sham audit mill", and it told Borgers' clients they would need to check past financial statements in case they contained errors." Oliber: Sadtrombone.wav seti: even this 'audit mill' raised serious concerns over the viability of djtmedia as an ongoing concern given its cashflows