Tag: Trevor

Nikola founder Trevor Milton gets 4 years in prison for fraud

Former Nikola (NKLA) CEO Trevor Milton was sentenced to four years in federal prison on Monday, a ruling that came 14 months after he was convicted by a jury of spreading lies about the hydrogen-electric vehicle company he founded. Milton’s attorney asked US District Judge Edgardo Ramos, who presided over the case, to sentence him […]

Nikola Founder Trevor Milton Sentenced to Four Years for Fraud

(Bloomberg) — Nikola Corp. founder and former Chief Executive Officer Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric-truck maker’s progress. Most Read from Bloomberg Milton, 41, was sentenced Monday by US District Judge Edgardo Ramos in Manhattan, more than a year after a jury convicted him […]