Trevor Milton was indicted last year on charges of securities fraud and wire fraud. Authorities have accused Milton of making false claims about the company's technology and said it led to some investors losing hundreds of thousands of dollars.
Jury selection began Monday in the fraud trial of Trevor Milton, the founder and former executive chairman of Nikola Corp accused of lying about the electric truck startup's vehicles.
Milton was indicted last year on charges of securities fraud and wire fraud. Authorities have accused Milton, of Oakley, Utah, of making false claims about the company's technology, and said it led to some investors losing hundreds of thousands of dollars.Prosecutors allege that Milton's false claims included saying an early prototype of an electric truck could be driven when it only came close because company engineers rolled it down a hill for a commercial.
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Nikola (NKLA) founder Trevor Milton set to begin fraud trial on Monday - Phoenix Business JournalTrevor Milton, the founder and former executive chairman at Nikola, is headed for the courtroom to face four separate counts brought by federal prosecutors. Milton was originally charged with civil and criminal fraud last year and federal officials added another count against him earlier this year.
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Jury selection begins in U.S. trial of Nikola founder Trevor MiltonThe U.S. fraud trial of Trevor Milton, the founder and former chief executive of Nikola Corp who prosecutors accuse of lying to investors about the electric- and hydrogen-powered truck maker, began on Monday in New York with jury selection.
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Nikola Founder Faces Securities-Fraud Trial Over Promises About Electric TrucksTrevor Milton faces trial beginning this week on allegations that he lied about his electric-vehicle company’s development of environmentally friendly technology
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Former UCF Quarterback McKenzie Milton Reacts to Scott Frost’s FiringFormer college quarterback McKenzie Milton, who played for Scott Frost at UCF, tweeted out his support for his former coach after Frost was fired from Nebraska
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Jury selection starts in Nikola founder Trevor Milton's fraud trialJury selection began Monday in the fraud trial of Trevor Milton, the founder and former executive chairman of Nikola Corp accused of lying about the electric...
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Nikola founder's securities-fraud trial set to start this weekFederal prosecutors in Manhattan last year accused Trevor Milton of running a scheme to enrich himself and boost his stature as an entrepreneur by falsely hyping Nikola’s prospects and duping nonprofessional investors.
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