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Webs of lies don’t always lead where you think they might. Take the case of Trevor Milton, the former CEO and founder of Nikola Corp. whose tall tales spun a web so convoluted that, when the time came to face the music, he might have sung a different tune—especially as prosecutors argued for a more severe sentence to try and deter anyone else hanging out there on the web from following in Milton’s path.
Ashley Belanger
– Dec 18, 2023 7:08 pm UTC
Enlarge / Trevor Milton, founder of Nikola Corp., arrives at court in New York on Monday, Dec. 18, 2023. Milton is set to be sentenced on Monday after being found guilty of securities fraud and wire fraud in October 2022.
Trevor Milton will be spending is next four years contemplating just how he landed there after being found guilty of one count of securities fraud and two counts of wire fraud in October 2022, as reported by Bloomberg. As the story goes, for the four years between 2016 and 2020, Milton was doing some fancy line walking with the truth to help pump up the value of Nikola stock, making the business out to be more than it really was. In all honesty, Milton was…
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