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Michael cohens long time Business Partner flips. According to the new york times, the Business Partner is a russian immigrant who has been Michael Cohens partner for years and has agreed to cooperate with a feds as a witness. This is a potentially explosive development at this hour because it add more pressure on cohen to flip. According to the times, Michael CohensBusiness Partners there, his nickname is the taxi king. Were talking about a possible 100year prison sentence. He could avoid that, prosecutors in state and federal investigations. No saying what he or anyone else would reveal to avoid the fate of a 100year prison sentence. The president s personal lawyer, friedman knows a whole lot. Cohens ta ....
The times reports his cooperation will keep him out of prison. This follows another plea deal made with Paul Manaforts former soninlaw. More reporting now on this from cnns reporter who joins us from washington. What do we know about this deal that the Michael Cohens tax partner made . Reporter we know that jane friedman, known as new yorks taxi king, pleaded guilty to state tax fraud charges. He was facing multiple charges for evading 5 million in taxes in new york state. So today, his plea deal is that hes going to plead guilty to this one count for just 50,000 in taxes. So thats a significant reduction in what he could be facing. Also as part of this plea agreement, hes not going to face jail time. The New York Times is report thing is a Cooperation Agreement< ....
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