Trevor Robert Milton (born April 6, 1982) is an American convicted felon, former businessman and the founder and former executive chairman and CEO of Nikola Corporation. In September 2020, Milton resigned from his position as executive chairman after the U.S. SEC and Department of Justice began investigating claims that Milton and Nikola committed securities fraud. In July 2021, Milton was indicted by federal prosecutors on three counts of securities fraud and wire fraud and released on $100 million bail. In June 2022, he was charged with another count of wire fraud. In October 2022, he was found guilty on three of the four counts, and received a 4 year prison sentence, a $1 million fine, and may be forced to forfeit part of his property holdings as a part of his sentence.
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Trevor Robert Milton (born April 6, 1982) is an American convicted felon, former businessman and the founder and former executive chairman and CEO of Nikola Corporation. In September 2020, Milton resigned from his position as executive chairman after the U.S. SEC and Department of Justice began investigating claims that Milton and Nikola committed securities fraud. In July 2021, Milton was indicted by federal prosecutors on three counts of securities fraud and wire fraud and released on $100 million bail. In June 2022, he was charged with another count of wire fraud. In October 2022, he was found guilty on three of the four counts, and received a 4 year prison sentence, a $1 million fine, and may be forced to forfeit part of his property holdings as a part of his sentence.
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