NYC Taxi King Accused Of Pilfering Philly Cab Co.'s Coffers

Law360, Philadelphia (April 15, 2016, 4:37 PM EDT) -- New York taxi mogul Evgeny Friedman is facing a lawsuit in Pennsylvania state court accusing him of pilfering at least $1.6 million from the accounts of the Philadelphia-based Freedom Taxi LLC, which he owns a 50 percent take in, as part of a bid to hide assets from his creditors.

Freidman’s co-owner in Freedom Taxi, Everett Abitbol, said in a complaint filed last week that the New Yorker dumped funds into the Philadelphia business and then withdrew them and more, leaving the company without sufficient operating...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.