MTA or ATM?

Published November 21, 2008 5:00am ET



The MTA needs a new acronym – ATM. That is how the Maryland Transit Administration operates for who those who steal from it.

General Assembly auditors found a $475,000 discrepancy between recorded collections and bank deposits made over four months last year. We wonder what would have happened if auditors looked at the entire year – or past five years. At that rate, the agency would have been doling out $1.425 million each year fraudulently.

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