Hermitage Director Receives Death Threat

Jul 8 2010 | 1:29pm ET

In the wake of news that none of the police involved in Hermitage Capital Management lawyer Sergei Magnitsky’s death will be charged, a director at the hedge fund has received another death threat.

The Hermitage employee, who wishes to remain anonymous, has led the hedge fund’s efforts to demonstrate the alleged corruption in Russia, and follows the posting of a video on YouTube about the lavish lifestyle of one police official, who Hermitage says defrauded it of US$230 million and is allegedly linked to Magnitsky’s death.

“I am coming for you,” a digitally-disguised voice said on a voicemail message received last Saturday in the early morning hours, The Telegraph reports. “I am going for you, motherfucker.”

The death threat, which has been turned over to Scotland Yard, comes after a series of death threats were sent to another Hermitage employee before Magnitsky’s death in November, followed by a celebratory message after it.

Russia has accused Hermitage of a US$16.9 million tax evasion. Hermitage, once the largest foreign investor in the country, says Russian Interior Ministry officials defrauded the hedge fund of US$230 million.

According to Hermitage, the Saturday death threat came from an unregistered Russian phone number, “which typically belong to the Russian intelligence services.”


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat