4 ms·

Very very few super-wealthy people serve prison time. Most don't even get convicted. "The advertisement said the truck was 'In Motion', nothing more"... It's

• gamblor956 6y ago
  True, but the ones who became wealthy because of their criminal acts are the ones who get convicted and end up in prison. In large part, this is because the government(s) can and do freeze assets related to financial crimes and frauds. The ones that used their wealth to avoid conviction for non-financial crimes (see the UK sex scandal ongoing right now) generally avoid conviction by spending lots of money on legal defense, which they can do because their assets were not frozen. In this case, if the guy's wealth comes from securities fraud, he won't be able to use it to defend himself because his assets will be frozen.
  • ogre_codes 6y ago
    Milton's was already fairly well off due to his previous smoke and mirrors/ failure to deliver dHybrid. "dHybrid landed a truck-conversion deal with Swift Transportation, leading to a mid-2012 lawsuit predicated on dHybrid's failure to deliver on its agreement.[6] dHybrid would eventually be purchased by Worthington Industries in 2014[7] and, in 2015, Milton founded Nikola Motor Company with his brother, Travis, as the director of operations with a background in construction and remodeling." He has plenty of assets to defend himself and clearly knows how close to the edge of the truth he can get and get away with it.