Hermitage War on Russian Corruption Hits YouTube

William Browder, the founder of Hermitage Capital Management, found a new way to get his allegations of Russian corruption out to the public: YouTube.


Browder, who claims to have been the victim of a corruption ring that took $230 million, has been fighting for his story to be heard for several years, with minimal success. If true, the case would amount to the biggest tax fraud in Russian history.

"We have a complicated story to tell about how the government stole our companies and then used our companies to steal $230 million from themselves -- a bunch of crooks and government officials," Browder told CNBC Monday.

Browder accused high ranking government officials of helping the criminals steal his company and then covering up the fraud by not responding to his complaints. His attempts at publicizing the claims were foiled both in the Russian and international media, according to Browder.

"We've been trying to tell this story for all sorts of time, through the newspapers in Russia and what we were finding was most newspapers were too scared to tell our story. In some cases they wouldn't tell our story at all," he said.

- Watch the video above to see Browder's appearance on CNBC.

The move away from traditional media seems to be finally gaining traction for the case, Browder said. The 10-minute video has been viewed over 9,000 times on YouTube and Russian-language versions have also been posted on the popular video sharing Web site.

The YouTube entry is in documentary style with high production values and has led to numerous articles and media interviews.