Trevor Milton, founder of the Electrical Company Nicolas, received a complete and unconditional pardon from President Donald Trump. Jury Milton found a guilty One of the charges of defrauding securities and two accusations of fraud in wires in October 2022. In 2023, it was He was sentenced to four years in prison.
Milton I announce the pardon In a press statement confirmed by the White House CNBC. This came two weeks after the prosecutor asked the judge to order Milton to pay 680 million dollars in response to Nicolas shareholders, in addition to $ 15.2 million to the wire fraud victim. However, because of the pardon, the judge cannot request any response.
Public Prosecutors Argue Milton pumped his company’s shares by lying to investors about “almost all sides” of Nicolas, such as the presence of an electric truck working at full capacity. Nicolas (That was submitted to bankruptcy last monthHe released a video in 2018 that appears to appear Nicola is a preliminary model The transition on its own, but the prosecutors claimed that the truck was rolling over a hill and that Milton had a hand in creating the video. After a cursed report from Hindenburg Research short sales I pushed SECIn 2020, the company said it never claimed that “the truck was driving under the video,” which became private on YouTube. Milton is planning now Documentation of a documentary To tell his side of the story.
Milton Trump and his companions gave millions of dollars in political donations, according to reports. filings Display He donated 750,000 dollars to the Maha-coalition, and he is now a graduate of health and humanitarian services, the Political Work Committee of Robert F. Kennedy JR-in September and $ 920,000 to the Trump Committee 47 in October, before the elections. CNBC It is noted that Milton did not make any political contributions six numbers before 2024, according to federal campaign financing records.
Trump has pardoned hundreds of people in the first two months of his second term, including about 1500 condemned or accused of crimes related to rebellion in the American Capitol on January 6, 2021. On his second day in his post, Trump Founder of the Silk Silk Road Ross OlbrechtHe was sentenced to life imprisonment after being accused of money laundering, drug trafficking and computers.
Meanwhile, the family and partners of Sam Bankman Farid It is said that the campaign For Trump to pardon him. The founder of the Cryptocurrency Exchang FTX was sentenced to 2024 A 25 -year prison sentence After it was Condemn From seven fees for fraud and conspiracy.
This article was originally appeared on Engadget on https://www.engadget.com/transportation/evs/nikola-founder-trevor-milton-receives-a-fl-Pardon-from-trump-tremp
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