Thieves raided $2.9 million in coins from Syracuse meters blamed homeless people

[jeff of pa]

City officials blame Loomis for not properly supervising its employee

When he was caught, McGuigan had $12,000 in quarters in a bag in his garage. He took another $10,000, which he’d converted to cash, and buried it in his back yard inside a PVC pipe. He tried to dig it up in the fall of 2009, but forgot where he’d hidden it, he told the FBI.



Gould called the city’s estimate of $2.9 million an exaggeration. McGuigan refused to comment. Mancuso could not be reached.

Jessica McKee, an assistant city corporation counsel, said the $700,000 estimate was based on information the defendants gave to the FBI. In negotiations with the city before the lawsuit, Loomis officials tried to rely on that estimate, McKee said.

“They would not consider the possibility that these two criminals had not been completely honest about how much they stole,” she said.


http://www.syracuse.com/news/index.s...lion_in_c.html

[Sheldon J]

New meters use Credit Cards, so what happens when an unscrupulous meter data taker uses it to add 50 cents here and 25 cents there...
Anyone remember the old (Supper Man III?) movie where the computer hackers plan (Gus Gorman played by Richard Pryor) was to take the odd 1/2 cent and transfer it to an separate account and it added up to millions in a very short period of time? No that was not the main plot of the movie......