New York City taxi mogul Evgeny Freidman is being sued for $12 million that he borrowed from dozens of his taxi companies that are now in bankruptcy, the Wall Street Journal reported. The trustee who filed the federal lawsuit is accusing Freidman of using “his position of ownership, domination and control of the [taxi companies] to strip and divert assets … for his personal benefit,” according to the complaint filed in U.S. Bankruptcy Court in Brooklyn. The legal action was brought by a chapter 7 trustee Greg Messer, who took over more than three dozen of Freidman’s taxis last year amid a dispute over a $34 million bank loan. The lawsuit, if successful, would recover money to pay the loan and other debts owed by the taxi companies.
