Trump pardons Nikola founder Trevor Milton in securities fraud case

confirmed Importance 9/10 ~1 min read 3 sources 3 actors

Regulatory Capture Electoral Manipulation

President Trump pardoned Nikola founder Trevor Milton, who was convicted of securities fraud in October 2022, after Milton donated $1.8M to Trump’s 2024 re-election campaign. The pardon effectively eliminates $695.2 million in potential restitution to Nikola shareholders and prevents further legal consequences for Milton’s fraudulent actions.

Sources & Citations

[1] Trump pardons Nikola founder Trevor Milton in securities fraud case · Mar 28, 2025 Tier 2

[2] Trump pardons Trevor Milton, Nikola founder and Utah entrepreneur · Mar 28, 2025 Tier 2

[3] Nikola Founder Milton Pardoned by Trump After Fraud Conviction · Mar 28, 2025 Tier 1

Tiers Tier 1 court records & gov docs · Tier 2 established outlets · Tier 3 regional & specialty press · Tier 4 opinion or single-source. Methodology →

Cite this entry

The Cascade Ledger. “Trump pardons Nikola founder Trevor Milton in securities fraud case.” The Capture Cascade Timeline, March 28, 2025. https://capturecascade.org/event/2025-03-28--trump-pardons-nikola-founder-trevor-milton-in-securities-fra/