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Category: Frauds and Swindling

Posted on December 18, 2023

E.V. Start-up Founder Could Get Prison Term in Fraud Case

Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
Posted on January 20, 2023

Elon Musk Says His Social Media Posts Did Not Drive Tesla’s Stock Price

The chief executive of Tesla testified in a federal civil trial about a 2018 plan to take the automaker private that fizzled out.
Posted on October 14, 2022

Nikola Founder Trevor Milton Is Convicted of Fraud

Trevor Milton was accused of boasting about nonexistent technology to inflate the stock price of Nikola, a maker of electric trucks.

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