Trevor Milton was indicted last year on charges of securities fraud and wire fraud. Authorities have accused Milton of making false claims about the company's technology and said it led to some investors losing hundreds of thousands of dollars.
Jury selection began Monday in the fraud trial of Trevor Milton, the founder and former executive chairman of Nikola Corp accused of lying about the electric truck startup's vehicles.
Milton was indicted last year on charges of securities fraud and wire fraud. Authorities have accused Milton, of Oakley, Utah, of making false claims about the company's technology, and said it led to some investors losing hundreds of thousands of dollars.Prosecutors allege that Milton's false claims included saying an early prototype of an electric truck could be driven when it only came close because company engineers rolled it down a hill for a commercial.
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