Nikola founder Trevor Milton faces new federal fraud charge

CEO and founder of U.S. Nikola, Trevor Milton speaks for the duration of presentation of its new whole-electric powered and hydrogen gasoline-cell battery vans in partnership with CNH Industrial, at…

Nikola to pay $125 million to settle fraud charges as SEC cracks down on SPAC claims

Trevor Milton CEO of Nikola Massimo Pinca | Reuters Electrical truck maker Nikola has agreed to pay out the Securities and Exchange Fee $125 million to settle rates it defrauded…

Scammers have bilked consumers out of $545 million in Covid-related fraud

Visoot Uthairam | Second | Getty Visuals Scammers have bilked People in america out of $545 million in Covid-related fraud considering that the commencing of 2020 in a array of…

Nikola founder Trevor Milton pleads not guilty to fraud charges

Trevor Milton, founder of Nikola Corp., exits federal courtroom in New York, U.S., on Thursday, July 29, 2021. Angus Mordant | Bloomberg | Getty Photos Nikola founder Trevor Milton pleaded┬ánot…

Consumer losses due to Covid-related fraud top $500 million

simonlong | Instant | Getty Pictures Purchaser losses thanks to Covid-linked fraud have topped $500 million, as criminals rip off the unwary in a selection of strategies ranging from online…