Nikola founder Trevor Milton found guilty over previous fraudulent statements to pump company stock
October 15, 2022
Former CEO and founder of Nikola Motors Trevor Milton has been found guilty on three of four counts of fraud in federal court today. Milton was charged with two counts of securities fraud and two counts of wire fraud, pertaining to statements he made while he was acting chairman and CEO of Nikola.
Although Nikola Corporation, fka Nikola Motor Company, has nothing to do with the news of today’s…