Former Russian Multi-Millionaire Promotes Commodity Bartering

German Sterligor, 41, is promoting an electronic barter idea for commodities, that he claims could save Russia’s foundering financial system.

Sterligor made his first million at age 24 but exited from the high life when he challenged then-President Putin in his 2004 re-election bid. At the time he was a tycoon with hundreds-of-millions of dollars in the bank, dozens of businesses, offices on Wall Street and in London, and a villa in Rublyovka, a Moscow suburb for the super-rich.

Now, living on a farm outside of Moscow, he along with a former business associate have set-up an “anti-crisis commodity transactions center for commodity bartering.” It’s an electronic substitute for money that’s not linked with the dollar, euro or ruble.