UK ‘fraudster’ Bill Browder wanted by Russia, says he’s detained in Spain

“In the back of the Spanish police car going to the station on the Russian arrest warrant. They won’t tell me which station,” Browder tweeted. In December 2017, a Moscow court sentenced Browder to nine years in prison in absentia for tax fraud. Browder was also found guilty of tax evasion in a separate case from 2013.

Browder posted a follow-up with a photograph of the arrest warrant.

Browder, the CEO of Hermitage Capital, made billions during Russia’s chaotic and devastating ‘shock therapy’ in the 1990s. He renounced his American citizenship in 1998 to avoid having to pay US taxes, and became a British citizen. The UK does not have an extradition treaty with Russia, which was fortunate for Browder. His Russia visa was annulled in 2005 and he has not shown up in the country ever since.

Hermitage has been repeatedly investigated for tax fraud. When Sergei Magnitsky, a lawyer hired by Hermitage, was found dead in his Moscow prison cell in 2009, Browder embarked on a global crusade to demonize Russia as a murderous dictatorship.

This resulted in the 2012 passage of the Magnitsky Act, which allows the US government to blacklist Russian officials “thought to be responsible” for Magnitsky’s death. In 2016, the law was expanded to have a global scope and blacklist any Russian officials for “corruption” or “human rights violations.” The move has repeatedly triggered protest from Moscow.

Browder’s vendetta against Russia has at times involved rather unseemly tactics: In April, he openly warned newly-appointed Dutch Foreign Minister Stef Blok that opposing the Magnitsky Act is a “career ruining position.” In response, Russia’s embassy in Canada tweeted: “Convicted criminal, fraudster and financial bandit @Billbrowder just threatened #Dutch @minbuza newly appointed minister by reminding him the fate of @AmbStephaneDion for being ‘too soft on Russia’. Just wonder if it’s not foreign meddling in internal affairs.”