Hermitage Capital Management, one of the major Russian investment banks, was forced to shut down and relocate to London, with several employees accused of fraud and put in prison. The bank alleged that it became victim of corrupt government officials and competitors with links to the Russian secret service, who helped to fake evidence and steal $230 million in taxes, paid by Hermitage.

After a number of lawsuits (filed in Russia against Hermitage and filed in New York by Hermitage) and new criminal charges brought by Russian government against Hermitage executives, the bank is trying to tell the world its side of the story. Its open letter to Russian President Medvedev asking for fair trial of imprisoned executives failed to generate response and media coverage.

Now, aware of how sensitive Russian government is of its image abroad, Hermitage appeals to the Western audience in a Youtube documentary, hoping to convince the government to take them seriously.

Watch the video to see the dark side of doing business in Russia in full glory.