Nikola Founder Faces 11-Year Prison Sentence For Defrauding Investors

12 months ago 43

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…

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