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July 29, 2021 01:59 pm GMT

Nikola founder Trevor Milton indicted on three counts of fraud

Trevor Milton, the fast-talking showman founder of Nikola and the electric truck startup’s former CEO and executive chairman, has been charged with three counts of fraud. Milton “engaged in a fraudulent scheme to deceive retail investors” for his own personal benefit, according to the federal indictment unsealed by U.S. Attorney’s Office in Manhattan on Thursday. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Rj3fy-nVsOs/

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