About the same time Cohen set up another business with two other Ukrainian immigrants, Arkady Vaygensberg and Leonid Tatarchuk.

This was MLA Cruises, a Florida company which took patrons on cruises outside US territorial waters to gamble. Cohen was CEO. MLA Cruises collapsed in a welter of lawsuits mainly targeting Vaygensberg and Tatarchuk. 

https://wikileaks.org/plusd/cables/06KIEV473_a.html