Michael Cohen's old partner in the taxi biz is squawking now... I didn't realize Cohen was a taxi guy. Jeez, even the taxi industry is caught up in the DC mess now.
State prosecutors said Tuesday that Freidman, who operated 800 taxis between 2012 and 2015, failed to remit a 50-cent-per-ride tax owed to the state. Instead, he filed false tax returns designed to hide the theft, they said. During that period of time, he was operating taxis controlled by Cohen, according to people familiar with their relationship.
I also have to wonder if he's still holding all those 800 medallions. He must have lost a lot of money if so.
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This article is some juicy stuff. I read elsewhere that he was facing multiple possible 25 year sentences. According to this article he'll face no jail time now... insane. He must have a lot to say.
Both the timing and the circumstances are key. Freidman faced allegations that he failed to pay $5 million in taxes, including four counts of tax fraud and one of grand larceny. As part of the deal, he will serve no jail time. That suggests that he has been able to provide information of some value when it comes to Cohen, who is widely seen as a target for prosecutors to, in turn, flip against Trump.
“Do you understand the nature of the benefit your attorneys have accomplished on your behalf?” Judge Peter Lynch asked Freidman on Tuesday, according to the Times. That question that should frighten both Cohen and President Trump's legal team.
CRAZY. What a time to be alive.
Well we all knew the taxi industry was corrupt AF right? Just further confirmation.
Im so confused after reading this article, can anyone give me cliff notes on what this all has to do with Trump?
The video in the link above explains it very well, it is actually really interesting. A big tangled web with Trump and Cohen acting as his right hand man to cover up a lot of issues.
Yep, Cohen is basically "doug" from House of Cards.