Yes, this is real sexpionage. Not the Hollywood fantasy described upthread. The scenario described is not what has played out in reality.
What part of that struck you as fantasy?
Again, this isn't some low-level clerk that just needs a handjob or some Grindr kompromat--this is the CEO of the second largest company in the world by market cap.
Is it the assertion was that they'll do research on you (which is why having a gambling problem, large debts, or lying during a clearance interview is an issue)?
Is it the assertion that they'll pick a very pretty woman instead of some plain-looking one (which is why historically the NKVD recruited from theater and ballet schools)?
The "Hollywood fantasy" is real, it just happens in a vanishingly small set of cases.
For a truly bizarre version (even stranger than this!), see the case of Shi Pei Pu (https://en.wikipedia.org/wiki/Shi_Pei_Pu).
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