Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home

Foundation Future Industries, a robotics startup backed by Eric Trump, missed payroll after CEO Sankaet Pathak borrowed $4.6 million from the company to purchase a home. The startup has depleted its cash reserves and is unable to pay staff, according to reporting by The Information. Pathak's personal loan from company funds is under scrutiny as the firm faces financial distress.

• CNBC — Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home

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