In a recent spree of clemency for white collar criminals, President Trump has pardoned Utah entrepreneur Trevor Milton, who was convicted in 2022 of misleading investors in his hydrogen and electric truck company Nikola.

Retail investors lost millions due to the fraud perpetrated by Trevor Milton, prosecutors said in court documents just two weeks ago.

President Trump issued a full and unconditional pardon for Trevor Milton, founder of Nikola Corp., that erases his 2022 fraud conviction.