report that came out from the new york times according to what ken vogle is reporting the fbi and bruce ohr working along together were trying to see how they might get russian oligarchs on to well flip on our side if you would, the u.s. side. what is this process like? and why would they want it? this is a very interesting development. we need to understand when we talk about.laundering when it comes to russia, there is a different perspective they have on this. for russia, laundering money is how russian intelligence can move money into places they want to effect operation, when you think of oligarchs or business men that might run a cash business, they recruit with an asset unlike le the purpose to check intelligence, russian intelligence recruits people with lapdering, that is to move russian money.
prosecutors and an accountant who worked for both has testified before the grand jury in the cohen case. the new york times reports if michael cohen becomes a cop wop rating witness, it would likely include a provision that mr. cohen also provide information to the special counsel, robert s. mueller, iii. joining us now michael daley and ron is back with us. the taxi business has been a cash business for a very long time. the one thing that can be much dirtier than commercial real estate in new york, the taxi business. so it s starting to feel like michael cohen has a 20 million more reasons now to cooperate with special prosecutors. i thought it was good news for him. they talked about many crimes.
reviewed the transactions include that mr. cohen used 32 taxi medallions as collateral. they were valued at $1 million each and generated $1 million a year in income. michael cohen s partner in the taxi business is already cooperating with federal prosecutors and an accountant who worked for both has testified before the grand jury in the cohen case. the new york times reports if michael cohen becomes a cop wop rating witness, it would likely include a provision that mr. cohen also provide information to the special counsel, robert s. mueller, iii. joining us now michael daley and ron is back with us. the taxi business has been a cash business for a very long
was the victim here. he was the beneficiary. if it had been reversed, he would be screaming about the russians. but it isn t. and so this is the way he sees it and i think rod rosenstein was sending a very strong signal like, stop this. not just with what he said but with doing it today. exactly, on the eve of the summit. exactly. very astute assessment. matthew, let me bring you in. because i spoke to dana about just how listening to shimon and it is a lot to take in if you are thinking we cover it every single day and for the average person at home and they are like guccifer and 2.0 and all of these folks involved and is roger stone and what have you and you have to put the names together and systems and spear phishing and what have you. but the remarkable amount of detail, mueller even knows how they paid for it with bitcoin. what can you what do you learn what did we learn about the level of detail in this indictment? the bitcoin stuff is remarkable. espionage is a ca
just how listening to shimon and it is a lot to take in if you are thinking we cover it every single day and for the average person at home and they are like guccifer and 2.0 and all of these folks involved and is roger stone and what have you and you have to put the names together and systems and spear phishing and what have you. but the remarkable amount of detail, mueller even knows how they paid for it with bitcoin. what can you what do you learn what did we learn about the level of detail in this indictment? the bitcoin stuff is remarkable. espionage is a cash business. you have to pay for it somehow some way. the bitcoin allows one to kind of remotely pay for something anonymously. this is also a situation to figure out who made the what payments through the kind of bitcoin register which might if you are a future criminal or spy, maybe be more cautious about which cryptocurrency you use. this is a new world we re