12-10-2019 16:00 via theverge.com

This story about a billion dollar scam to build an undersea Arctic cable is wild

Photo: Bloomberg Businessweek Last year, the CEO of Quintillion, an Alaskan company trying to build a trans-Arctic undersea cable, was charged with wire fraud after forging contracts to help raise more than $250 million from investors. This week, Bloomberg posted a captivating feature about how that CEO nearly pulled off the scam of a lifetime. It’s a fascinating story of how someone tried to fake it ‘til they almost made it — but also a cautionary tale about big ambitions can
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