How Ukraine fell victim to fake arms deals

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  Good morning from the Financial Times.

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  Today is Tuesday, May 27th, and this is your FT News Briefing.

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  I'm Mark Filippino, and today we're doing something a little different on the briefing.

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  We're going to be answering one big question.

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  How did Ukraine lose hundreds of millions of dollars on fake arms deals?

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  For background, right after Russia started its full-scale invasion of Ukraine in 2022,

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  he realized it had a problem.

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  Its soldiers only had enough ammunition to fight for two months.

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  That kicked off a massive arms procurement race for Ukraine, and since then,

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  it's spent billions of dollars on all sorts of guns,

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  ammo, and bombs from dealers around the world, but lots of those weapons never even arrived.

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