Who was Trevor Milton - businessman pardoned by Trump
His first company, St. George Security and Alarm Company, was sold. Glen Pilz, reported significant problems after the sale, including employees without proper certification and misrepresented contracts. Fraud
His next company dHybrid was sued by Swift Transportation, a trucking company that worked with Milton for breach of contract in 2012. Fraud. Defrauded employee stock plan.
His next venture was Nikola Corp. Claimed he had developed an electric semi-truck. Received millions in investment. He had no electric semi-truck. He faked a video of the supposed semi going down the road. Milton was chrged with three counts of criminal fraud—for "lying about 'nearly all aspects of the business'"—and two counts of securities fraud. He was sentenced to four years in prison, $168 million in restitution, and a $1 million fine.
Trump pardoned him. No more prison. Did not have to pay the 168 million back to investors he defrauded. He did not have to pay the million dollar fine.
Why would you pardon this guy?
Milton and his wife donated more than $1.8 million to a fund supporting Donald Trump's reelection.
His first company, St. George Security and Alarm Company, was sold. Glen Pilz, reported significant problems after the sale, including employees without proper certification and misrepresented contracts. Fraud
His next company dHybrid was sued by Swift Transportation, a trucking company that worked with Milton for breach of contract in 2012. Fraud. Defrauded employee stock plan.
His next venture was Nikola Corp. Claimed he had developed an electric semi-truck. Received millions in investment. He had no electric semi-truck. He faked a video of the supposed semi going down the road. Milton was chrged with three counts of criminal fraud—for "lying about 'nearly all aspects of the business'"—and two counts of securities fraud. He was sentenced to four years in prison, $168 million in restitution, and a $1 million fine.
Trump pardoned him. No more prison. Did not have to pay the 168 million back to investors he defrauded. He did not have to pay the million dollar fine.
Why would you pardon this guy?
Milton and his wife donated more than $1.8 million to a fund supporting Donald Trump's reelection.
