Trump lawyer Cohen's business partner to co-operate with prosecutors, say sources

Trump lawyer Cohen's business partner to co-operate with prosecutors, say sources

He had been accused of failing to pay more than US$5 million (S$6.7 million) in taxes.

Evgeny "Gene" Freidman, an immigrant from the former Soviet Union long known as the "taxi king" of NY, pleaded guilty to criminal tax fraud in Albany County Court. Furthermore, President Trump can not pardon Freidman's guilty plea, either, while he begins his cooperation with the federal government as it attempts to "flip" Michael Cohen against Trump in its pursuit of criminal wrongdoing. I am humble and shamed. This is me taking responsibility for my actions. I had been an officer of the court in excess of 20 years and now I am a felon! "That's it!.I hate that I have been grouped in this runaway train that I am not a part of!"

As part of the NY probe, prosecutors are investigating Cohen for possible campaign finance violations and bank fraud.

Freidman declined in a text message to answer questions about cooperating with prosecutors or terms of his agreement.

Legal experts agree that the terms of the deal appear to be very favorable for Friedman, suggesting that he agreed to provide something of significant value to prosecutors. So we all know how this guy feels about these investigations.

Petro Poroshenko.   Gleb Garanich  Reuters
Petro Poroshenko. Gleb Garanich Reuters

Daniels, whose real name is Stephanie Clifford, has sought to intervene in the case, saying some of the seized materials could relate to her. Daniels has said Cohen paid her $130,000 to keep quiet about a sexual encounter she had with Trump, which Trump has denied. He was called the taxi king in NY. After the fee was paid to Cohen, he had a substantial meeting with Trump, followed by a photo op.

Giuliani, who met with Poroshenko in Ukraine late past year, said he did not know anything of such payments to Cohen and said he was still getting caught up on the story. He is a former business partner of Cohen who managed taxis owned by the president's lawyer for several years.

Mueller's investigation has increasingly focused on Cohen and includes his work on Trump Tower Moscow, his personal business holdings and any payments to women who claimed they had affairs with Trump. "Cohen secured large loans with the medallions as collateral".

Donald Trump and long-time lawyer Michael Cohen.

But Cohen insisted the press was mischaracterizing their relationship, describing himself as "one of thousands of medallion owners who entrust management companies to operate" their medallions, and concluding his tweet with the hashtag #MediaWrongAgain. One of Michael Cohen's business partners, a Russian kingpin in the incredibly corrupt NYC taxi business, has reached a plea deal to cooperate in Cohen's prosecution, in exchange for a much lighter sentence than he would otherwise have received.

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