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America First Audit

He said it in public. These are the documents on what happened next. Browse all records.

Why these cases

Trump sold “America First.” This record traces how public money, power, and risk moved toward family businesses, donors, favored firms, and foreign governments: and what workers, ranchers, retirees, patients, veterans, and small investors were left to absorb.

Said vs. done

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Case 157 of 254

DWAC's SEC Misrepresentation Settlement

Actions
documentedThe SEC found those filings omitted prior target discussions and violated antifraud provisions.U.S. Securities and Exchange CommissionRead record · 1 source
Outcomes
documentedAfter the merger closed, the successor company reported paying the contingent civil penalty required by the order.Associated PressU.S. Securities and Exchange CommissionRead record · 2 sources
People and impacts
Who paid or was affected
  • Digital World Acquisition Corp.
  • Digital World Acquisition Corp.
Promise and assessment
The promise
documentedDWAC's offering filing represented that it had not selected a target or initiated substantive discussions with one.U.S. Securities and Exchange CommissionRead record · 1 source

Promise unresolved

The order established securities-law violations by DWAC and required corrective undertakings before the Trump Media transaction proceeded; it did not find Trump personally liable.

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