Nikola founder Trevor Milton freed on US$100M bail after fraud arrest

The founder and one-time executive chair of Nikola Corp. was freed on US$100 million bail Thursday after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered truck startup, duping novice investors including some financially struggling people looking for income during the pandemic.
Source: ctv business
Nikola founder Trevor Milton freed on US0M bail after fraud arrest