Michael Cohen’s Taxi Partner Enters Plea Deal, Suggesting Cooperation

Wed May 23 2018
Mark Cooper (3172 articles)
Michael Cohen’s Taxi Partner Enters Plea Deal, Suggesting Cooperation

A longtime business partner of Michael D. Cohen, the personal lawyer of President Donald Trump, has pleaded guilty to tax evasion in a deal that allows him to dodge prison time, indicating that he is cooperating with prosecutors.

Evgeny Freidman, a taxi operator who allegedly owed some $ 5 million in back taxes, entered into the surprise plea deal in Albany on Tuesday.

His lawyer, Patrick Egan, said he was satisfied with the guilty plea. Freidman — the so-called Taxi King of New York who operated taxis for Cohen’s family and others — will serve five years of probation for evading $ 50,000 in taxes.

Egan declined to comment on whether his client was cooperating with federal prosecutors in Manhattan who are investigating Cohen’s financial dealings.

Mark Cooper

Mark Cooper

Mark Cooper is Political / Stock Market Correspondent. He has been covering Global Stock Markets for more than 6 years.