A group of former British soldiers, including SAS veterans, say they will "name and shame" IRA men in a documentary with money raised from a public appeal.
Led by Sutton Coldfield ex-Grenadier Guard Alan Barry, they say they are making 'The Great Betrayal' in response to probes into state killings in Northern Ireland.
It is also thought that high-profile documentaries such as the acclaimed Loughinisland film No Stone Unturned have caused a backlash among former members of the security forces.
The British government is to consult on introducing a statute of limitations, preventing prosecutions of soldiers and police officers suspected of crimes during the Troubles, as part of proposals on dealing with the past.
Initially recommended by Westminster's defence select committee, it has been strongly criticised by nationalists and the Irish government.
One former soldier, Dennis Hutchings (76) from Cornwall, is currently facing trial in connection with a 1974 killing.
John Pat Cunningham (27), who had a mental age of between six and 10, was shot three times as he ran away from an army patrol in Co Armagh.
Mr Hutchings was charged with attempted murder and has argued it is unfair to try him more than four decades on.
Prosecutors are also considering whether charges should be brought against former soldiers over their involvement in Bloody Sunday in 1972.
Army veterans have staged protests in Britain and Northern Ireland over investigations into state killings.
Mr Barry said the planned documentary will give personal details of people active within the IRA during the Troubles, as well as interviews with soldiers injured during the conflict.
Under the banner Justice For Northern Ireland Veterans, the soldiers have launched a crowdfunding page to raise £50,000 to fund the project.
They said if a mainstream broadcaster will not carry the film, they will market it themselves online and on DVD.
The appeal had raised almost £2,000 by last night.
Mr Barry told the Birmingham Mail the documentary will "pull no punches".
"We are going into graphic detail. We are going to show where they (former IRA members) are today, what they are doing now.
"The £50,000 will allow us to pay professionals to film and edit our story.
"It will allow us, for the first time, to tell the public what really happened in the 30 years of IRA sectarian warfare – the sacrifice of those who served there."
The 53-year-old, who said he was involved in military intelligence following his first tour of Northern Ireland in 1986, said former soldiers felt they had been "hung out to dry by the very country they served".
"We had rules of engagement. We had to shout ‘Halt or I’ll fire’, we had to wait until they raised their weapons.
"They had no rules of engagement. They had no prisons, their prisons were the graveyard.
"We expect the very same parliament that sent us to Northern Ireland to stand by us and defend us."
