ACCESSING CLASSIFIED FILES
Decrypting documents...
Your connection is being monitored
ACCESSING CLASSIFIED FILES
Decrypting documents...
Your connection is being monitored

Former Nikola Motors Founder
Nikola Motors Founder, EV Fraud Conviction
Trevor Milton founded Nikola Motors, an electric/hydrogen truck company, and defrauded investors with lies about the company's technology. He claimed Nikola had a working semi truck when it was actually just rolled downhill for promotional video. He was convicted of securities fraud in 2022 and sentenced to 4 years in prison.
FAKE TRUCK: Semi in promotional video was just rolling downhill
HYDROGEN LIES: Claimed tech that didn't exist
INVESTOR FRAUD: Deceived about company capabilities
$BILLIONS LOST: Investors lost billions on fraud
2 documented violations
15 U.S.C. � 78j(b)18 U.S.C. � 1343Contemporary startup fraud case, similar deception tactics
Fellow startup founder accused of misleading investors
2 documented sources from official records, investigations, and reports
April 6, 1982
Born in Utah
2015
Founds Nikola Motors
2020
Hindenburg Research exposes fraud
2020
Resigns from Nikola
October 2022
Convicted of fraud
2023
Sentenced to 4 years