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" Browder told a Russian lawyer, Sergey Magnitsky, who worked for a Moscow-based law firm called Firestone and Duncan, to follow the trail. It turned out the investment companies were being illegally signed over by the cops to petty criminals, who would then ask for tax rebates on the companies worth hundreds of millions of dollars, which were then granted by corrupt tax officials, signed off on by the same cops who had taken the documents in the first place, and wired to two banks owned by a convicted fraudster, an old friend of the aforementioned cops and tax officials. Officially the tax officials and cops only earned a few thousand a year, but they had property worth hundreds of thousands, drove Porsches, and went on shopping trips to Harrods in London. And this was happening year after year. The biggest tax fraud scheme in history. Magnitsky thought he had caught a few bad apples. "

Peter Pomerantsev , Nothing Is True and Everything Is Possible: The Surreal Heart of the New Russia


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Peter Pomerantsev quote : Browder told a Russian lawyer, Sergey Magnitsky, who worked for a Moscow-based law firm called Firestone and Duncan, to follow the trail. It turned out the investment companies were being illegally signed over by the cops to petty criminals, who would then ask for tax rebates on the companies worth hundreds of millions of dollars, which were then granted by corrupt tax officials, signed off on by the same cops who had taken the documents in the first place, and wired to two banks owned by a convicted fraudster, an old friend of the aforementioned cops and tax officials. Officially the tax officials and cops only earned a few thousand a year, but they had property worth hundreds of thousands, drove Porsches, and went on shopping trips to Harrods in London. And this was happening year after year. The biggest tax fraud scheme in history. Magnitsky thought he had caught a few bad apples.