Trevor Milton, the disgraced founder of Nikola, was just sentenced to four years in prison on three counts of fraud. In October 2022, a jury found Milton guilty of one count of securities fraud and two counts of wire fraud. Milton faced up to 60 years in prison. Prosecutors asked the judge for an 11-year prison sentence and a $5 million fine, according to The New York Times, while the defense argued for probation. After announcing the sentence at a federal court hearing in New York City, U.S. Di...
Trevor Milton, the disgraced founder of Nikola, was just sentenced to four years in prison on three counts of fraud. In October 2022, a jury found Milton guilty of one count of securities fraud and two counts of wire fraud. Milton faced up to 60 years in prison. Prosecutors asked the judge for an 11-year prison sentence and a $5 million fine, according to The New York Times, while the defense argued for probation. After announcing the sentence at a federal court hearing in New York City, U.S. Di...
Share this Article
Recommended