The Toronto Transit Commission has reportedly been scammed in an International counterfeit ring.
TTC Chair Howard Moscoe says a substantial amount of money was lost because of fake tickets and tokens.
The losses are said to be in the millions.
This happened 2 years ago … see our article at the time. That time was a smallish operation in East York. 400,000 coins at roughly $2 each. This, it seems from preliminary reports, is a larger operation.