An anonymous reader quotes a report from TechCrunch: Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced Monday to four years in prison for securities fraud. The sentence, by Judge Edgardo Ramos in the U.S. District Court in Manhattan, caps a multi-yea.
Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court on Friday of three of four counts of fraud relating to false statements he made to drive up the value of Nikola s stock. CNBC reports: Milton was charged with two counts of.