This may seem a bit in the weeds. But if you’re trying to make sense of Michael Cohen’s role in all the money transactions being probed by the Feds, as well as the role of Fima Shusterman, his father-in-law, who appears to be his key connection into the Ukrainian immigrant money world, this is an important point.
There have been various reports that Cohen and Shusterman have loaned $26 million to the Shtayner family, another taxi baron family of Ukrainian immigrants who live in New York City but own a cab business based in Chicago. The story is that Cohen lent the Shtayner’s $6 million since 2012 and Fima Shusterman has lent them $20 million over the last eight months. This is the story according to the AP and also the weekend piece in the Times.
Read More →