The Securities and Exchange Commission under Trump-appointed chairman Paul Atkins abandoned civil enforcement cases seeking tens of millions in restitution from Devon Archer, Trevor Milton, and Carlos Watson—all convicted fraudsters pardoned or given clemency by Trump. The SEC filed joint …
Paul AtkinsDevon ArcherTrevor MiltonCarlos WatsonSEC+1 morecorruptioninstitutional-captureregulatory-captureimpunityfraud+1 more
The Securities and Exchange Commission moved to dismiss its civil fraud case against Trevor Milton, founder of Nikola Corporation, following his pardon by President Trump on March 28, 2025. Milton was convicted in October 2022 of securities fraud for misleading investors about Nikola’s …
Trevor MiltonSecurities and Exchange CommissionDonald TrumpNikola Corporationcorruptionregulatory-capturepay-to-playsecurities-fraudelite-impunity
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 …
Donald TrumpTrevor MiltonNikola Corporationcorruptionpardonregulatory-capturecampaign-financecorporate-fraud
President Trump issued a series of pardons to individuals convicted of financial crimes in February 2025, including Rod Blagojevich (former Illinois governor convicted of corruption), the Chrisleys (reality TV stars convicted of bank fraud), Michael Grimm (former congressman convicted of tax fraud), …
Donald TrumpRod BlagojevichTodd ChrisleyJulie ChrisleyMichael Grimm+5 morepardonfinancial-crimeswhite-collar-crimemoney-launderingwire-fraud+4 more