Thursday, 29 Jul 2021 10:15 PM MYT
CEO and founder of US Nikola Trevor Milton attends a news conference held to presents its new full-electric and hydrogen fuel-cell battery trucks in partnership with US Nikola, at an event in Turin, Italy, December 3, 2019. Reuters file pic
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NEW YORK, July 29 US prosecutors charged Nikola founder and former executive chairman Trevor Milton with defrauding investors over myriad claims about the company’s electric vehicles, according to an indictment released today.
Prosecutors with the US Attorney’s Office in New York charged Milton with three counts of fraud, according to the 49-page document.
Nikola Founder Trevor Milton Charged With Securities Fraud, Making Misleading Statements
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Nikola founder Trevor Milton is indicted for fraud against investors
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