Fraudstorytelling | Weekly filmtips | December 10, 2021
Title: How to Lie Your Way to $34 Billion [Nikola Motors Fraud]
Duration: 25 minutes
Tagging: #scam, #mobilityindustry
Trevor Milton took the phrase “fake it till you make it” to the extreme. Let’s take a look at the wild story of Nikola Motors.
Trevor Milton, who is a college dropout just like Steve Jobs and Mark Zuckerberg, creates a successful company; Nikola Motors. He manages to generate millions in turnover with this company and is already a billionaire before he reaches the age of 40. His entrepreneurial visions come to an abrupt end when he resigns as chairman as reports of alleged fraud mount. A grand jury subsequently convicted him of various forms of fraud and lying about “nearly all aspects of the business”. In this documentary, ColdFusion sketches the portrait of the savvy entrepreneur and illustrates how you can make your fortune by lying.
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