TORONTO, Ont. – The TTC says phony tokens and fake Metropasses cost the transit service close to $2 million just last year.
The Toronto Star reports counterfeiters are constantly improving and getting better at bypassing high-tech security measures that were put into place by the TTC in order to cut down on lost revenue.
Staff Sergeant Mark Russell of the TTC’s Investigative Services unit believes most of the counterfeits are high tech and being made in China.
Two men were arrested in 2010 after more than 3,000 counterfeit tokens from China were intercepted.
Last year there were 615 incidents of fake Metropasses being spotted, up from 492 the year before.