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Nikola founder Trevor Milton found guilty of fraud over misleading statements
short by Bhawana Chaudhary / on Friday, 14 October, 2022
Trevor Milton, Founder and former CEO of electric heavy truck maker Nikola, was found guilty of three of four counts of fraud relating to false statements about Nikola's stock in a federal court. Milton was accused of "repeatedly disseminating false and misleading information...through social media". He could face up to 25 years in prison if convicted on all four counts.
read more at CNBC