Jury selection begins in electric vehicle startup Nikola founder's fraud trial
CBSN
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.
Milton pleaded not guilty, and has been free on $100 million bail.
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