For years, NYC Transit has wildly underestimated how often riders beat the fare, which cheats the cash-crunched agency out of millions of dollars, the Daily News has learned.
Fare-beaters jump turnstiles or enter through emergency exit gates about 19 million times a year, a new agency analysis shows.
That’s far more than the old estimate of about 5 million a year, which went out the window in April, when agency bean counters changed the way they tally scofflaws.
The lost revenue is staggering.
Full story: Fare-beaters cost NYC Transit a staggering $27 million in 2009, new research finds