He has the option to sell them, but it’s not an ideal time — their value has dropped significantly in New York City since the rise of Uber.
Investigators are examining whether Cohen misrepresented the value of his assets to secure the loans.
Michael Cohen used his Trump Org. email to conduct business with Evgeny Freidman, who pled guilty to tax fraud. ‘It’s so careless,’ said one expert.
Cohen “was first bragging about medallions in New York City and then said, ‘but the real money is in the cabs in Russia.’”
Michael Cohen used his Trump Org email for the taxi business he owns, which has been the subject of interest to special counsel investigators.
“A lot of people say they can do it, but no one really does it.”
For Talmon Marco, ride sharing is not only about business but also about ethics.
What do you do when customers want a taxi, but only if the driver is Jewish? Two Israeli companies recently faced such racist demands — and only one responded admirably.
As if Uber hasn’t gotten enough negative press, New York police are investigating flyers showing swastikas above the taxi app’s logo that mysteriously appeared in Hasidic Williamsburg.
We usually think of opposing big government as a conservative precept. But Jay Michaelson thinks liberals also have plenty of reasons to dislike onerous regulation.