A “super PAC” backing Newt Gingrich will try to portray Mitt Romney as a greedy corporate raider with $3.4 million in radio and TV ads running in South Carolina starting Wednesday.

The huge ad campaign by Winning Our Future plays off a movie, King of Bain: When Mitt Romney Came to Town. The group recently purchased the movie, which is described on the film’s website as being about “one raider and his firm and how they destroyed” the dreams of “thousands of Americans and their families.”

The Gingrich ad campaign in South Carolina was first reported by The New York Times.

Gingrich has blamed attack ads funded by a super PAC supporting Romney for his disappointing fourth-place finish in the Iowa caucuses. He has vowed to mount a more aggressive campaign against the former Massachusetts governor.

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