Axios: It’s A Great Time For “White-Collar Crooks”

March 31, 2025 Trump Corruption, Trump Lies

Axios reports:

President Trump on Friday pardoned two startup founders convicted of investor fraud, and three crypto exchange co-founders who had plead guilty to violating anti-money laundering laws. There’s never been a better time to be a white-collar crook.

Pardon 1: Trevor Milton, co-founder and CEO of bankrupt electric truckmaker Nikola Motors. His most egregious act may have been sharing a video that purported to show a fully functional prototype, whereas the truck actually was rolling down a small hill. And then there was the lying about billions of dollars in orders.

Pardon 2: Carlos Watson, co-founder and CEO of defunct Ozy Media. You may remember Ozy Media for a phone call during which Watson’s co-founder pretended to be a YouTube executive while on a reference call with prospective investor Goldman Sachs. Plus, lots of lying about company financials and proposed deals.

Read the full article. Guess what those two had in common.



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