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What was the fraudulent tax refund applied for using Browder's companies?

  • $100 million

  • $500 million

  • $900 million

  • $230 million

Answer

$230 million was the fraudulent tax refund applied for using Browder's companies. Browder, a Russian-American businessman, was the founder of Hermitage Capital Management, a hedge fund that was once the largest foreign investor in Russia. In 2005, Browder's company was raided by Russian authorities and Browder was forced to flee the country.
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