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Moscow court sentences US-born investor Browder to 9 years for massive tax fraud

January 5th, 2018
Categories: Past News

Link: https://www.rt.com/politics/414540-moscow-court-sentences-us-investor/

A court in Moscow has sentenced US-born financier William Browder in absentia to nine years in a penal colony, after convicting him of a $79 million tax fraud.

Browder, who is now a UK citizen, is known as the main lobbyist behind the anti-Russian ‘Magnitsky Act’ sanctions.

The court also ordered Browder to pay a fine of 200,000 rubles (US$3,400). His business partner, Ivan Cherkasov, was also sentenced in absentia to nine years behind bars and handed a 200,000-ruble fine in the same case.

In addition, the judge ruled that the pair must compensate the Russian state to the amount of 4.6 billion rubles ($79 million)

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