Nikola founder Trevor Milton freed on US$100 million bail after fraud arrestUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostThe founder and one-time executive chair of Nikola Corp was freed on US$100 million bail after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered truck start-up, duping novice investors including some financially struggling people looking for income during the pandemic.Trevor Milton, 39, of Oakley, Utah, resigned from Nikola in September amid allegations of fraud. At the time, Milton said he would defend himself against accusations that the company made…Read More

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