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The '''Magnitsky Act of 2012''', commonly referred to as the '''Russian Sanctions bill''' is named for Serge Magnitsky, an investigator who was allegedly starved and murdered on the 357 day of a 365-day sentence while in a Russian prison. His employer, Bill Browder, is a billionaire global investor who beginning in the mid 1990s made very large investments in the [[Russian Federation]].<ref>With the collapse of the Soviet Union's [[command and control]] Soviet economy, economic enterprises were privatized and sold off, attracting outside foreign investment.</ref>  
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The '''Magnitsky Act of 2012''', commonly referred to as the '''Russian Sanctions bill''' is named for Serge Magnitsky, an investigator who was allegedly starved and murdered on the 357th day of a 365-day sentence while in a Russian prison. His employer, Bill Browder, is a billionaire global investor who beginning in the mid 1990s made very large investments in the [[Russian Federation]].<ref>With the collapse of the Soviet Union's [[command and control]] Soviet economy, economic enterprises were privatized and sold off, attracting outside foreign investment.</ref>  
    
Browder at one time was a good friend of Vladimir Putin. Browder renounced his U.S. citizenship in 1998 to avoid paying US taxes on large gains he made in Russia on the corpse of the Soviet's [[planned economy]], and became a UK citizen. Browder had invested about $230 million with Russian oligarchs, however by the 2010s accused the Russians of fraudulent accounting after sustaining massive losses. Putin claimed Browder owed massive taxes after looting the  country.  
 
Browder at one time was a good friend of Vladimir Putin. Browder renounced his U.S. citizenship in 1998 to avoid paying US taxes on large gains he made in Russia on the corpse of the Soviet's [[planned economy]], and became a UK citizen. Browder had invested about $230 million with Russian oligarchs, however by the 2010s accused the Russians of fraudulent accounting after sustaining massive losses. Putin claimed Browder owed massive taxes after looting the  country.  
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