More than a year ago I raised the issue of obvious theft by conductors on the San Francisco Cable Cars. I wrote a blog and wrote a few letters. All the cable car employees are participants in the theft.
Now it appears that the Mayor has noticed the problem and intends to do something about it. I don't think the theft exceeds $5 million nor do I think the Mayor will do much about it.
I can smell fraud based on decades as a banker and a corporate treasurer. I don't blame the cable car conductors. When you create a cash system without controls you are inviting theft and should expect it to happen.