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Sentencing of Utah billionaire Trevor Milton delayed again

Posted at 1:01 PM, Nov 28, 2023
and last updated 2023-12-11 17:13:31-05

SALT LAKE CITY — Utah billionaire Trevor Milton's sentencing has been delayed for a fourth time.

FOX 13 INVESTIGATES: Utah AG did not investigate billionaire, future campaign donor for sex assault

Milton was the founder and CEO of Nikola Motors, an electric truck company. He was found guilty on three fraud charges in October 2022 for lying to investors about Nikola's progress in developing hydrogen-powered electric trucks.

His team of lawyers tried to get Milton a new trial after they argued that one of the jurors had a bias against rich people, but the motion was denied.

Milton's sentencing is now set for December 18, 2023.

He remains free on a $100 million bond.

In advance of Milton's sentencing, his lawyers submitted 35 letters of support to the court.

They also submitted a receipt for a donation to the LDS Church for 1,500,000 shares of Nikola Motors worth $23,872,500.00 at the time.

According to the Church, sale of these shares brought in significantly more than $23,872,500.00.

Prior to his conviction, Milton attempted to donate $15,000 to Utah Attorney General Sean Reyes. The Utah AG's Office declined to investigate Milton for sexual assault.

The Utah AG's Office returned the money to Milton in 2020, the day after FOX 13 News called to ask about the donation.