The days after the breakup of the Soviet Union were like the Wild West of investing. There were zero protections. People would set up mutual funds, let the money pour in over six months, and then simply disappear. Common sense is the best investor protection, but of course the Soviet system didn't exactly reward independent thought.
So it was with interest that I saw this blog about the release of William Browder's book Red Notice. I'll have to put it on my reading list. It features an ambitious fund, an ambitious fund manager, and tales of investing without looking back. Finally heartbreak, theft and murder win the day when Russia's powers that be dilute the American's investment, expropriate his fund, and beat his tax accountant to death.