Ethical fintech boss tried to set up arms deals with Wirecard’s Marsalek
Algbra founder sought to help businessman later exposed as a fraudster and spy raise $2.75bn to buy Russian military tech
The founder of Algbra, an ethical fintech company, sought to assist a businessman who was later exposed as a fraudster and spy. The objective was to raise $2.75 billion for the purpose of purchasing Russian military technology. This attempt at facilitating arms deals with a questionable figure highlights a significant ethical lapse.
- Algbra founder attempted to facilitate a $2.75 billion deal.
- The deal involved purchasing Russian military technology.
- The businessman involved was later exposed as a fraudster and spy.
- The fintech founder’s actions are seen as ethically questionable.
Continue reading https://www.ft.com/content/a361c87c-a782-4eb4-a5d7-dbcf4af766cd
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