The founder of Phoenix-based truckmaker Nikola Corp. was pardoned by President Trump this week after serving about a year in prison for securities fraud.

President Donald Trump has pardoned the founder of the embattled electric semi-truck company Nikola. Trevor Milton was sentenced to prison last year for fraud after the company was found to have exaggerated claims of its truck’s capabilities to investors.

Trevor Milton, the founder of bankrupt electric and hydrogen-powered truck maker Nikola who was convicted of fraud, has been pardoned by U.S. President Donald Trump, Milton said in a social media post on Thursday.