Federal prosecutors stated that Nikola founder Trevor Milton will likely receive an 11-year prison sentence for defrauding investors, Reuters reports. Milton was convicted last year on two counts of wire fraud and a count of security fraud. During the...
Federal prosecutors stated that Nikola founder Trevor Milton will likely receive an 11-year prison sentence for defrauding investors, Reuters reports. Milton was convicted last year on two counts of wire fraud and a count of security fraud. During the trial, prosecutors called Milton a “con man” and argued that he…