Eric Trump-backed robot soldier startup can’t pay staff after founder borrowed $4.6 million from company to buy home
Summary
A robotics startup supported by Eric Trump has missed employee payments and is currently facing a severe cash shortage. This financial crisis follows an investigation into the chief executive officer after a multi-million dollar company loan was used to purchase a residence.
Eric Trump-backed robot startup Foundation Future Industries has run low on cash and missed payroll, as CEO Sankaet Pathak faces scrutiny over a $4.6 million company loan.
Source: Read the full story at US Top News and Analysis
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