Karl joined Boloro Global Limited as the CEO on October 1, 2016, bringing vast, worldwide experience in the financial markets, including secure, electronic transactions, as well as negotiation of multi-billion-dollar agreements. At Boloro, Karl leads a worldwide team that is actively licensing the company’s globally patented multi-factor and multi-channel authentication process, which is ideal for all forms of identity verification and transaction validation. Karl has positioned the company to address the world’s need for user-friendly, instantaneous and fraud-free payments and other activity.
Karl spent most of his career at Bloomberg LP, including more than 15 years as the General Counsel. At Bloomberg, Karl built and managed a global Legal and Compliance Department that supported all aspects of Bloomberg’s worldwide businesses, including data, news, software, telecom and electronic trading. Karl was also a founding principal of Bloomberg Tradebook LLC, the company’s electronic agency brokerage firm, and Bloomberg’s Risk Manager, overseeing all insurance coverage.
Karl regularly lectures on legal, business development and entrepreneurial issues, including at the Fordham University School of Law, where he is Chairman / Co-Founder of the Entrepreneurial Law Advisory Council. He has also advised a wide range of companies.
Prior to becoming a lawyer in 1995, Karl was a broadcast journalist with CNBC, Financial News Network, 1010 WINS Radio and Bloomberg, among others.
A native New Yorker and resident of NYC with his wife, Alexis Christoforous, and their three children, Karl graduated magna cum laude from NYU with a B.A. in broadcast journalism and from the Fordham University School of Law with a focus on intellectual property and securities regulations. Karl was a member of Fordham’s Intellectual Property Law Journal. Karl is also involved with several charities and organizations, including the Boy Scouts of America and Yorkville Travel Baseball.