APNewsBreak: Trump lawyer loaned to taxi mogul in weed biz - News Summed Up

APNewsBreak: Trump lawyer loaned to taxi mogul in weed biz


Semyon "Sam" Shtayner, a longtime business associate of Michael Cohen's father-in-law, created Nevada-based Cannaboss LLC the day before the 2016 election. News of Shtayner's ties to the medical marijuana industry comes as the Trump administration finds itself somewhat split on marijuana policy. But the rapid rise of ride-hailing apps such as Uber and Lyft has disrupted the taxi industry, and Shtayner is among a handful of prominent taxi owners who face lawsuits from creditors who once lent liberally to medallion owners. Property records in New York show that Shtayner and Shusterman were among the investors in an upper Manhattan taxi garage and auto repair shop in the 1990s. Four of the loans were made to Shtayner's wife, Yasya, and four others were directed to two Chicago taxi companies she manages, according to corporate documents.


Source: ABC News April 27, 2018 04:45 UTC



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