Posts  / #POST-204022
REDDIT

Nikola investors defrauded twice now

D
Mar 28, 2025 · 16:30

Investors screwed over twice. Once by Milton and once by Trump.

https://www.cnbc.com/2025/03/28/trump-pardons-nikola-trevor-milton-ceo-securities-fraud-electric-vehicle.html

“The pardon came two weeks after federal prosecutors urged District Court Judge Edgardo Ramos to order Milton to pay restitution of $680 million to Nikola shareholders, and another $15.2 million to Peter Hicks, a victim of his wire fraud.

Because of the pardon, Ramos could not order restitution of any kind.”

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