48.7 F
New York
Thursday, March 28, 2024

Taxi King Gene Freidman Flees Authorities; Bolts on Paying $200K in Child Support

Related Articles

-Advertisement-

Must read

Taxi cab bigshot Gene Freidman made the headlines once again last week, reportedly fleeing authorities when they tried to corral him for failing to pay more than $200,000 in back child support.

 

According to published reports, Freidman fled on foot, eventually reaching the roof of an Upper East Side building during his odyssey, according to officials. He was reportedly nabbed at about 12 pm while driving a black Chevy Tahoe outside his posh East 65th Street townhouse.

 

According to a report in the New York Post citing Sheriff Joseph Fucito as the source, Freidman eluded deputies by sprinting into his $6.2 million home.

 

“The front door was locked but officials called for backup and were able to get inside, Fucito said. After searching the three-story building, the deputies made their way to the roof, where they found Freidman hiding,” the Post noted.

 

“They discovered him inside a shed, an elevator shed, on the roof of an adjacent building,” Fucito commented.

 

Freidman had reportedly been facing a pair of arrest warrants since last fall – one for contempt of court, the other for not making child support payments to ex-wife Sandra Freidman, with whom he has a daughter. Justice Diane Keisel set bail at $25,000.

 

“Last July, Freidman was tossed behind bars for failing to pay $100,000 in child support to his baby mama, Inessa Boltyanskaya, with whom he shares a 14-year-old son,” according to the Post. “The embattled businessman went from owning the largest number of medallions in New York to filing for Chapter 11 bankruptcy. He is reportedly cooperating with federal prosecutors against his former business partner and good friend Michael Cohen.”

 

The Jewish Voice has been following the saga of the embattled “Taxi King” for at least three years. Way back in July of 2015, the Voice reported that Friedman had filed for bankruptcy, noting, “Freidman, the largest yellow cab medallion owner in the city, possesses over 900 medallions through various companies. He is now trying to get Chapter 11 protection for 22 companies that control 46 medallions combined.”

 

Friedman, the Voice reported, had “a continuous battle with Citibank who sued Freidman for not paying back loans he took to buy some of his medallions, which were valued at $1.1 million in 2013, but have since lost value due to the Uber incursion. The ongoing debate between the two parties has been over the actual value of the medallions, due to the recent decline in worth from the increased competition provided by taxi apps.”

 

 

It was back in May of that year that Brett Berman, Freidman’s attorney, asserted that Citibank was attempting to “seize a lot more than they’re entitled to” and asked the bank to post a bond of up to $180 million because the medallions are worth more than the taxi king owns.”

 

balance of natureDonate

1 COMMENT

Latest article

- Advertisement -