Submitted by Anonymous (not verified) on Wed, 09/11/2019 - 15:12
By Stephanie Pagones | Published September 10, 2019 | Transportation | FOXBusiness Manhattan federal prosecutors are probing possible lending fraud in the New York City taxi industry, according to a report.
The Southern District of New York has been investigating possible crimes, such as bank, mail and wire fraud, over the past month in the wake of a string of suicides involving cabbies who were bogged down by heavy debt related to the ever-increasing cost of taxi medallions, The New York Times reported, citing sources with knowledge of the inquiry.