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Michael Cohen’s business partner agrees to cooperate with the government

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A business partner of Trump lawyer Michael Cohen has agreed to cooperate with the government as part of a plea deal, according to a person with direct knowledge of the proceedings.

Evgeny Freidman, 47, who is known as the Taxi King, pleaded guilty Tuesday to a low-level felony in Albany County Court, in upstate New York, for stealing nearly $5 million in state taxes and has agreed to cooperate in state or federal investigations. The deal, in which he will pay the state $5 million but avoid jail time, was first reported in The New York Times.

Michael Cohen’s business partner agrees to cooperate with the government
Michael Cohen’s business partner agrees to cooperate with the government

For years, Freidman, a Russian immigrant, has managed Cohen’s taxi medallions, which give owners the right to operate New York City yellow cabs. Special Counsel Robert Mueller, who is probing alleged collusion between the Trump campaign and Russia, referred an ongoing investigation of Michael Cohen to federal prosecutors in New York.

Freidman’s plea deal means he could potentially testify in any criminal case related to Cohen, who has long served as a personal attorney to President Donald Trump.

Multiple people familiar with the proceedings would not say if Freidman’s cooperation was specific to the on-going federal criminal investigation into Cohen.

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