• About Us
  • Contact Us
  • Today Headline
  • Write for us
Today Headline
No Result
View All Result
  • breaking news today
    • Politics news
    • Sports
    • Science News & Society
  • Entertainment News
    • Movie
    • Gaming
  • Technology News
    • Automotive
    • Software & IT
  • Health News
    • Lifestyle
    • Insurance
  • Finance News
    • Money
  • Enterprise
  • Contact Us
  • breaking news today
    • Politics news
    • Sports
    • Science News & Society
  • Entertainment News
    • Movie
    • Gaming
  • Technology News
    • Automotive
    • Software & IT
  • Health News
    • Lifestyle
    • Insurance
  • Finance News
    • Money
  • Enterprise
  • Contact Us
No Result
View All Result
TodayHeadline
No Result
View All Result

New U.S. criminal fraud charge filed on Nikola founder Trevor Milton

June 23, 2022
in Parenting
Reading Time: 1 min read


NEW YORK — U.S. prosecutors on Wednesday added a new wire-fraud charge to their case accusing Trevor Milton, the founder and former CEO of Nikola Corp., of defrauding investors by lying about the electric- and hydrogen-powered truck maker.

The new charge concerns Milton’s alleged scheme from April 2020 to March 2021 to defraud the sellers of a property known as Wasatch Creeks Ranch by making false and misleading statements about Nikola’s product, technology and business development.

Milton previously pleaded not guilty to two counts of securities fraud and one count of wire fraud over statements he made from November 2019 to September 2020 about Nikola.

His trial is scheduled for July 18 in the federal court in Manhattan.

Lawyers for Milton did not immediately respond to requests for comment. The office of U.S. Attorney Damian Williams in Manhattan did not immediately respond to a similar request.

Milton’s criminal case is among the most prominent involving a company that went public after merging with a special-purpose acquisition company, or SPAC. Critics say that process is prone to conflicts of interest and shoddy due diligence.

Nikola went public in June 2020. Authorities said Milton misled investors about the company in social media posts, TV appearances and podcast interviews designed to drive up its stock price and bolster his stature as an entrepreneur.

  • Trending
  • Comments
  • Latest
development

How The Development of Cryptocurrency Led to the Development of Online Games?

dc young fly mourns jacky oh death in heartfelt tribute 1200x675 – TodayHeadline

D.C. Young Fly Mourns Jacky Oh’s Death In Heartfelt Tribute

1686244042 Homeowners Lose Equity For 1st Time In Over A Decade – TodayHeadline

Homeowners Lose Equity For 1st Time In Over A Decade: Report

2023 06 07T164506Z 708315926 RC2GE1A9C2MT RTRMADP 3 USA SAUDI 1686246526 – TodayHeadline

‘Enduring commitment’: Key takeaways from US-GCC joint statement | GCC News

Cryptocom suspends institutional exchange services in the US – TodayHeadline

Crypto.com suspends institutional exchange services in the US

Keysight SC – TodayHeadline

Charged EVs | How to emulate EVs, charging stations, and power supplies to validate interoperability

attachment creed iii mbj 1 – TodayHeadline

‘Creed III’ Is Now on Streaming

Schrodingers Cat Code scaled – TodayHeadline

Quantum Computing Breakthrough for Better Qubits

PopularStories

Cryptocom suspends institutional exchange services in the US – TodayHeadline
Finance News

Crypto.com suspends institutional exchange services in the US

Keysight SC – TodayHeadline
Automotive

Charged EVs | How to emulate EVs, charging stations, and power supplies to validate interoperability

attachment creed iii mbj 1 – TodayHeadline
Movie

‘Creed III’ Is Now on Streaming

Schrodingers Cat Code scaled – TodayHeadline
Science News & Society

Quantum Computing Breakthrough for Better Qubits

About Us

Todayheadline the independent news and topics discovery
A home-grown and independent news and topic aggregation . displays breaking news linking to news websites all around the world.

Follow Us

Latest News

Cryptocom suspends institutional exchange services in the US – TodayHeadline

Crypto.com suspends institutional exchange services in the US

Keysight SC – TodayHeadline

Charged EVs | How to emulate EVs, charging stations, and power supplies to validate interoperability

attachment creed iii mbj 1 – TodayHeadline

‘Creed III’ Is Now on Streaming

Cryptocom suspends institutional exchange services in the US – TodayHeadline

Crypto.com suspends institutional exchange services in the US

Keysight SC – TodayHeadline

Charged EVs | How to emulate EVs, charging stations, and power supplies to validate interoperability

attachment creed iii mbj 1 – TodayHeadline

‘Creed III’ Is Now on Streaming

  • Real Estate
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2023 All rights are reserved Today headline

No Result
View All Result
  • Real Estate
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2023 All rights are reserved Today headline