Founder of Russian Hedge Fund on Defying Putin with Bill Browder - ENCORE EPISODE

Bill Browder is the author of Red Notice: A True Story of High Finance, Murder, and one Man’s Fight for Justice, which is the best book I’ve read in a decade (and I read a lot of books). Red Notice is the story of how Browder turned a $25 million investment into a $4 billion hedge fund (Hermitage Capital) by exposing corruption in the newly opened Russian economy of the late 90’s and early 00’s. Eventually, Browder’s efforts to shine light on the newly privatized industries, cut too close to strongman, Vladimir Putin who kicked Browder out of the country and declared him a “threat to national security.” And that was just the beginning! Russian police officials took over his companies, used them to steal $230 million from the Russian treasury, framed Bill, and eventually arrested and killed his lawyer, Sergei Magnitsky. Today Bill lives under threat of retaliation and spends his time fighting to honor Sergei’s memory. This episode originally ran in May, 2019. Read more about Sergei Magnitsky here.  Please RATE and REVIEW Crazy Money here.  Follow Paul on Instagram here.