The FBI has opened an investigation into a venture capital firm cofounded by millionaire investor and Facebook Peter Thiel, Recode reported Thursday.
Mithril Capital is reportedly being investigated over concerns of “financial misconduct.”
A Mithril spokesperson chalked this episode up to nothing more than “a foiled plot by a self-serving ex-employee.”
The firm has reportedly been in disarray in recent months, with top executives departing and internal tensions mounting.
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Federal authorities are reportedly investigating Mithril Capital, a venture capital firm cofounded by millionaire investor and Facebook board member Peter Thiel, over allegations of “financial misconduct.”
Recode reported Thursday that the FBI and other US officials have been looking into Mithril Capital, including conducting interviews with people close to the firm, “in recent months.” The investigation is just the latest issue for Mithril, which Recode reported earlier this year has devolved into a “slow-burning mess” over questions how money is being invested.
The FBI and Mithril Capital did not respond to Business Insider’s requests for comment. However, a Mithril spokesperson told Recode that the federal investigation is “a foiled plot by a self-serving ex-employee.”
Thiel is no longer involved in Mithril’s day-to-day operations, but has …read more
Source:: Businessinsider – Politics