Nikola founder Milton to face securities fraud charges

The founder and one-time executive chair of Nikola Corp. surrendered Thursday in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors looking for income during the pandemic.

Nikola founder Milton to face securities fraud charges
The founder and one-time executive chair of Nikola Corp. surrendered Thursday in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors looking for income during the pandemic.