NEW: He was a New York celebrity with $525M, Ferraris & villas in the French Riviera. But he got it by helping create a bubble that ruined thousands of immigrant cabbies. The story of the Taxi King and how he embodies the rise & fall of an iconic industry: nytimes.com/2019/12/05/nyr…
Gene Freidman, son of a respected fleet owner, developed some of the tactics that caused NYC's taxi medallion bubble. He made millions & put it in offshore trusts. And then, tax fraud
“Your headline could be: ‘The man who brought down the taxi industry’”
nytimes.com/2019/12/05/nyr…
“Your headline could be: ‘The man who brought down the taxi industry’”
nytimes.com/2019/12/05/nyr…
Gene Freidman has been written about - a lot. Part of our reporting was just vetting his tall tales:
He claimed he owned 1,000 taxi medallions, but he really never personally owned more than ~250
A wilder example: Sources said this never really happened: pagesix.com/2014/07/06/tax…
He claimed he owned 1,000 taxi medallions, but he really never personally owned more than ~250
A wilder example: Sources said this never really happened: pagesix.com/2014/07/06/tax…
Here is my favorite Gene Freidman quote, which we did not have the space to include in the story (as told to @SVZWood in 2015 ... unfortunately, Mr. Freidman did not speak with us) bloomberg.com/features/2015-… 
Today’s story about “Taxi King” Evgeny Freidman, edited by @KirstenDanis with research from @SusanCB, is the latest in our yearlong investigation into exploitative lending in the yellow cab industry. Read the investigation here: nytimes.com/2019/05/19/nyr…
