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by Bill Browder

Kirkus
Copyright © Kirkus Reviews, used with permission.

The thrilling follow-up to the author’s bestselling debut, Red Notice. Browder, CEO of Hermitage Capital Management, was one of the leading investors in Russia during the 2000s, and his strategy of “stealing analysis” made Hermitage one of the leading hedge funds in the world. “Instead of analyzing companies’ income statements and balance sheets like normal fund managers,” he writes, “my team and I would research how much was being stolen, how the thieves were doing the stealing, and who pocketed the stolen money. We would then use this information to file lawsuits [and] launch proxy fights.” When his Russian lawyer, Sergei Magnitsky, was beaten to death in a Moscow jail in 2009, the author sought to bring the murderers to justice. That crusade, along with his investigation into a $230 million tax refund scheme that significantly affected Hermitage’s business, made him an enemy of dangerous Russian oligarchs, including Putin, and he was thrown out of the country. From that point, Browder worked diligently to get to the bottom of the Russian coverup, a journey that took him around Europe and eventually to New York. Along the way, he encountered a number of unsavory characters, including John Moscow, who “had been at the New York District Attorney’s Office for 33 years and was one of their most aggressive prosecutors” before switching sides to defend the Russian oligarchs; Glenn Simpson, a “well-connected and effective smear campaigner”; and former U.S. Rep. Dana Rohrabacher, who, along with the others, helped “lubricate that machine that allows Putin and his cronies to get away with their crimes.” In 2012, Browder’s quest found some success in the passage of the Magnitsky Act, which allows the U.S. government to sanction those it sees as human rights offenders—and a version of which is now in place in more than 30 countries. The author’s story, a must-read for fans of Red Notice, is revealing and damning, exposing Putin and his minions as little more than greedy international criminals. A timely book combining mystifying financial shenanigans with a fast-paced crime saga. Copyright © Kirkus Reviews, used with permission.

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