Feds Circling Nikola as Probe of Fraud Allegations Heats Up

November 11, 2020 | From The Web, Industry News

By Paul A. Eisenstein Nikola Corp.’s founder and former Chairman Trevor Milton has been issued a subpoena to appear before a federal grand jury, the company confirmed in a regulatory filing yesterday. The actions are just the start of what is expected to be lengthy and numerous investigations into the nascent EV maker and possible GM partner, TheDetroitBureau.com reports.

Source:: The Detroit Bureau

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