14 Apr 2014

Biggest fare dodger in history

"Train bosses have come under fire for not prosecuting a wealthy hedge fund manager who was described as the “biggest fare dodger in railway history”, evading more than £42,000 in train tickets. The City executive is believed to have dodged the fare for the 82-minute commute between the Sussex village of Stonegate and central London for five years.

He exploited a flaw that allowed him to go through barriers at Cannon Street station in London by “tapping out” with an Oyster travelcard. After finally being caught by a ticket inspector, the executive was able to pay £42,550 in dodged fares and £450 in legal costs within three days of being asked to pay up as part of an out-of-court settlement." Daily Telegraph article

One has to admire the guy's ingenuity. One also has to question the competence of the people who set up the system, for not spotting the flaw. Perhaps they should employ him as a consultant to check the security of their systems in future.

1 comment:

  1. So, for 5 years, yes 5 years, there was never a ticket inspector at Stonegate, never a ticket inspector at Cannon Street and never a ticket inspection on the train! Some flaw!
    Further, if I had been caught like that I am quite sure that I would have been prosecuted for a criminal offence.
    How come he was not?