Trevor Milton, the founder and former CEO of Nikola Corporation, has been sentenced to four years in prison and fined $1 million for defrauding investors with false statements about the company's hydrogen and electric truck technology. A federal judge found him guilty of one count of securities fraud and two counts of wire fraud. The case exposed the excesses in the EV business, and the $NKLA stock has lost 95% in the past 3 years, now trading under $1 per share.
Former Nikola CEO Trevor Milton was sentenced to four years in federal prison on Monday, a ruling that came 14 months after he was convicted by a jury of spreading lies about the hydrogen-electric vehicle company he founded. https://t.co/tTaFJm9QIi
Trevor Milton and his $8 billion defrauding of investors with a vaporware fake "electric" truck manufacturing company https://t.co/LyPynMFg2z
Trevor Milton who founded Nikola – an electric car company once compared to Elon Musk's Tesla, was sentenced to four years in prison on Monday for making false claims about his company. https://t.co/0PH58E99Sq
Nikola founder Trevor Milton sentenced to four years in prison for fraud https://t.co/KrQ6YChxj7
#Nikola founder Trevor Milton has been sentenced to 4 years in prison for defrauding investors.. the $NKLA stock has lost 95% in the past 3 years, now trading under $1 per share. #stocks https://t.co/x94Z7I0Dwz https://t.co/qOzvbWZe6I
How Trevor Milton’s 4 Year Prison Sentence Stacks Up Against Other Billionaire And Ex-Billionaire Convicts https://t.co/noz9eC7tMB
And yet, @elonmusk faked the Paint it Black "driverless" car video, and suffers no consequences. Nikola founder Trevor Milton sentenced to 4 years in U.S. prison for fraud https://t.co/yC0JVygDaU via @Automotive_News
Lake Powell Trevor gets 4 years for the Nikola fraud. A bit of justice.
Trevor Milton, founder and former CEO of Nikola Corporation, has been sentenced to four years in prison for defrauding investors with false statements about the company’s electric trucks. Milton was found guilty last year of three out of four counts of securities and wire fraud,… https://t.co/Rnkcg9z73r
Nikola founder Trevor Milton sentenced to 4 years in prison for fraud https://t.co/5OhI2juEEZ
Nikola Founder Trevor Milton Sentenced To 4 Years For Securities Fraud https://t.co/Rg8CRNuTza
The founder of the electric truck start-up Nikola Trevor Milton was sentenced to four years for fraud in a case that exposed the excesses in the EV business. https://t.co/SSSgbuii7B
I’m sorry but this prosecution is total and complete bull shit. The crime is based on Milton filming a Nikola truck rolling down a hill and making it look like it was driving … seriously! Four years in a federal prison …. Give me a break. This guy was criminally prosecuted… https://t.co/M9ciU6v5XW
Nikola founder Trevor Milton gets 4 years in prison for fraud https://t.co/S7Whar6jLS by @alexiskweed
Nikola founder sentenced to four years for lying about company’s electric cars https://t.co/OEkQyBCv9G
Nikola founder Trevor Milton gets four years in prison for fraud https://t.co/lyzgM8BkLw by @alexiskweed
Nikola founder Trevor Milton sentenced to four years in prison after inflating value of electric truck firm - which once famously rolled a dummy lorry down a hill in promotional video https://t.co/uEuO7oILQa https://t.co/K1HBzZ6BpD
Trevor Milton: net worth ~$100m. Faked a video of a truck driving downhill. Now faces 4yrs in jail. Elon Musk: net worth ~$200bn. Faked a car driving itself, raised $2.4bn 8 days later & now has minimum 28 deaths on his hand. With @Tesla sales weakening, who would own $TSLA? https://t.co/77pP64Uhnj
BREAKING: Nikola founder Trevor Milton sentenced 4 years for misleading investors https://t.co/KFpLpfr3B0
BREAKING: Nikola founder Trevor Milton sentenced 4 years for misleading investors https://t.co/rJU6RPt3py
Nikola Founder Trevor Milton Gets Four Years In Prison For Lying To EV Startup Investors https://t.co/VKIodz4wIS https://t.co/iPLRRRji9p
JUST IN: Nikola Founder Trevor Milton Sentenced to 4 Years in Prison for Fraud https://t.co/UlR2PQFP9q
Nikola founder Trevor Milton sentenced to 4 years in prison for fraud. https://t.co/7aa8K8pWzx
Q&A: After Trevor Milton was sentenced to four years but given bail pending appeal, Inner City Press asked him if he thought Judge Ramos was fair (apparently, yes) and about forfeiture of Utah ranch (he called it complicated). Thread: https://t.co/6UNbxDt8AH https://t.co/BNFkltM9TV
Disgraced Nikola founder Trevor Milton gets 4-year sentence for lying about EVs https://t.co/sjg3l6ry5S
Nikola founder Trevor Milton sentenced to four years in prison for lying to investors about the company's hydrogen and electric truck technology https://t.co/oTV77qPvRD
Nikola founder Trevor Milton sentenced to four years in prison https://t.co/JaPFHPCaKL https://t.co/DOgb2JG6X4
JUST IN: Nikola EV founder sentenced to four years in prison and fined $1 million https://t.co/SWPcxl8t6r
Trevor Milton, founder of @nikolamotor, Phoenix-based maker of hydrogen/electric-powered trucks, gets 4 years in prison for lying to investors. https://t.co/lKJRpS2Hom
BREAKING: Trevor Milton, the founder of EV truck maker @nikolamotor, sentenced to 4 years in prison, pay $1 million fine. https://t.co/Vy5NTFdZdM
Milton will serve 4 years in prison, followed by 3 years of supervised release. In a lengthy speech to the judge, Milton likened his legal battle to those of the Central Park five, boxer Rubin Carter and other hustoric wrongful convictions. https://t.co/5YBNDfX60a
EV startup founders made big claims, now one could go to prison A federal judge will sentence Trevor Milton, founder and former CEO of Nikola, after a jury found him guilty last year of one count of securities fraud and two counts of wire fraud. https://t.co/Cf6Q5QNufV
BREAKING: Nikola EV founder sentenced to four years in prison and fined $1 million https://t.co/2klzMuzQpP
$NKLA FOUNDER TREVOR MILTON GETS FOUR YEARS FOR FRAUD
NIKOLA FOUNDER TREVOR MILTON GETS FOUR YEARS FOR FRAUD
Nikola founder Trevor Milton sentenced to four years in prison in EV truck fraud case https://t.co/Gw4unw50Dr
Nikola Founder Trevor Milton was ordered to spend 4 years behind bars for lying to shareholders about the electric-truck maker’s progress https://t.co/wXUZIyXY2W https://t.co/YmK9LvZDPp
BREAKING: Nikola Founder Trevor Milton was ordered to spend 4 years behind bars for lying to shareholders about the electric-truck maker’s progress https://t.co/SIE3NTeH64 https://t.co/2t7hT08uWH
Nikola Founder Trevor Milton was ordered to spend 4 years behind bars for lying to shareholders about the electric-truck maker’s progress https://t.co/LBBdyTBjGO https://t.co/WQ4tInVIuB
Welp, Nikola founder Trevor Milton gets 4 years and a $1M fine. POur story is here. https://t.co/A2IXBGCeCk Also want to note that @innercitypress live blogged the whole hearing and Milton's statement is absolutely wild.
Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced to four years in prison for securities fraud. Read more: https://t.co/w22SmzYbwR https://t.co/KQeQzYNSuI
Nikola founder Trevor Milton gets four years in prison for fraud https://t.co/cTnz9O5Fiv https://t.co/lNTXjmaR3C
Nikola founder Trevor Milton sentenced to 4 years for fraud https://t.co/VnvscKchMz
Meanwhile Elon Musk still walks, after numerous fraudulent claims about products that never came out, and more importantly the "funding secured" stock manipulation Nikola Founder Trevor Milton Sentenced to Four Years for Fraud https://t.co/dqGAvcnGDh
Nikola founder Trevor Milton sentenced to 4 years for securities fraud: https://t.co/xi0nuDVRcr by TechCrunch #infosec #cybersecurity #technology #news
Nikola founder Trevor Milton sentenced to four years in prison for fraud https://t.co/IU1xF054ul
Breaking: Trevor Milton was sentenced to four years in prison for defrauding investors in Nikola, the electric-truck company he founded https://t.co/1FPOLPeVzS https://t.co/1FPOLPeVzS
I think the Milton sentence is fair. If I were the judge I probably would have thrown on a few more months for that pathetic "I'm just a simple country boy, unfamiliar with big city securities laws" stunt, but I don't think anyone should be locked up for longer than that.
BREAKING: Nikola founder Trevor Milton was sentenced to four years (48 months) in prison for misleading investors.
Nikola founder Trevor Milton sentenced to 4 years for securities fraud https://t.co/w22SmzYbwR
BREAKING: Nikola founder Trevor Milton has been sentenced to 4 years in prison for fraud. https://t.co/olvhVGG5zj
BREAKING: Nikola founder Trevor Milton sentenced to 4 years in prison for rolling a truck down a hill.
BREAKING: Nikola founder Trevor Milton has just been sentenced to 4 years in prison for fraud. https://t.co/r6X52i9IcT
Nikola founder Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric-truck maker’s progress https://t.co/lRErVhTepc
*NIKOLA FOUNDER TREVOR MILTON GETS FOUR YEARS FOR FRAUD one year for each truck he rolled down a hill $NKLA
Trevor Milton just got sentenced to 4 years in prison for fraud He'll have plenty of time to work on this collage https://t.co/EZVuJMScg6
JUST IN: Nikola $NKLA Founder Trevor Milton was just sentenced to 4 years in prison for defrauding investors https://t.co/KDyITWKngm
*NIKOLA FOUNDER TREVOR MILTON GETS FOUR YEARS FOR FRAUD oh no
*NIKOLA FOUNDER TREVOR MILTON GETS FOUR YEARS FOR FRAUD
Nikola, $NKLA, founder Trevor Milton gets four years for fraud
$NKLA 🔸NIKOLA FOUNDER TREVOR MILTON GETS FOUR YEARS FOR FRAUD
NIKOLA FOUNDER TREVOR MILTON GETS FOUR YEARS FOR FRAUD
BREAKING: NIKOLA FOUNDER TREVOR MILTON HAS BEEN SENTENCED TO 4 YEARS IN PRISON FOR DEFRAUDING INVESTORS FOR BILLIONS OF DOLLARS $NKLA https://t.co/B6aao6HFlQ
#Breaking: Trevor Milton was just sentenced to four years in prison by SDNY Judge Ramos, Inner City Press live tweeted it below: Judge Ramos: It is my intention to impose a sentence of 48 months on each count, concurrently. I will impose a fine of $1 million. https://t.co/6UNbxDt8AH
Nikola Founder Milton Invokes Cherokee Heritage, Childhood, Mother's Cancer, Wife's Illness At Bizarre Sentencing https://t.co/9hjC5zSg5w
trevor milton https://t.co/gvpnQorFqO
Trevor Milton is now saying he should get a reduced sentence for securities fraud because he might go to hell for thousands of years anyway and isn’t that punishment enough? https://t.co/3yoiPkkidN
$NKLA Founder Trevor Milton is being sentenced today on federal fraud charges. @DavidFaber, @SaraEisen & @Lebeaucarnews discuss his downfall and where things stand for the company. https://t.co/1rNQLIVLSK
Meanwhile on Monday at Manhattan federal court, Trevor Milton - founder and former CEO of the Nikola electric truck maker - will be sentenced on his October 2022 fraud convictions. https://t.co/0CYxefgqP9
Nikola founder Trevor Milton to be sentenced over fraud conviction https://t.co/2OKBvvci6W https://t.co/IgFKAk8OUe
OK - now at Nikola's Trevor Milton's 11 am sentencing- he wants no jail time, US wants 11 years. Inner City Press published a book about the trial then interviews with jurors afterward & will live tweet the sentencing, thread below. Book: https://t.co/21obPKo1gB
Nikola $NKLA Founder Trevor Milton is set to be sentenced today in a New York courtroom on three charges related to defrauding investors Prosecutors last week recommended a sentence of 11 years imprisonment. - CNBC https://t.co/C6FWPKj3Kl
Nikola founder Trevor Milton to be sentenced for federal fraud charges https://t.co/9MdOZyVOKl
A federal judge will decide how long Nikola founder Trevor Milton will spend in prison for fraud https://t.co/hG90woew9H https://t.co/hG90woew9H
Pretty wild Trevor Milton was found guilty bc $NKLA trucks rolled down a hill without hard coding and could actually do that upon receipt. $TSLA https://t.co/qRdKxWPvTb
Notice To Victims Of The Sentencing Of Former Nikola Motors CEO Trevor Milton $nkla https://t.co/H2iR58kmJ3
US Prosecutors have suggested an 11 year sentence for Nikola, $NKLA founder Trevor Milton. As a reminder, Trevor Milton promoted his hydrogen cars as driving, despite them just rolling down hill.
US PROSECUTORS SEEK 11-YEAR SENTENCE FOR NIKOLA FOUNDER TREVOR MILTON (Reuters) Nikola founder Trevor Milton should receive around 11 years in prison for defrauding investors in the electric- and hydrogen-powered truck maker, prosecutors in New York said on Tuesday. https://t.co/egfFrWVkVi
🇺🇸 prosecutors said today Nikola $NKLA founder Trevor Milton should serve about a decade in prison for misleading investors about the future of the electric truck maker - Bloomberg https://t.co/KpEL7qKsCo
To deter other would-be white collar criminals, Nikola founder Trevor Milton should serve about a decade in prison for misleading investors about the future of the electric truck maker, US prosecutors urged a judge https://t.co/jQJFDkgd7u
To deter other would-be white collar criminals, Nikola founder Trevor Milton should serve about a decade in prison for misleading investors about the future of the electric truck maker, US prosecutors urged a judge https://t.co/7EdOQ0w6Nm
SENTENCING SHOWDOWN: On Trevor Milton US Wants 11 Years in Prison While He Asks for No Jail Times, Sentencing Set for Dec 18 - Inner City Press story: https://t.co/p9UkOjq9YV US 41-page sentencing memo on Patreon here https://t.co/2onvwqc5b4
SENTENCING COUNTDOWN: Nikola's Trevor Milton Asking for No Jail at Sentencing Pushed to Dec 18 - Now US Asks for Press Release for Victims - Inner City Press story: https://t.co/wTdY1IwVGj Request on Patreon here https://t.co/G3PvILBI3j