How it works:
- There are some who pick up abandoned cards with little value left in them and resell them for a higher price, while claiming that it is actually a “discounted” price.
- With this scheme, a homeless man actually made over $20,000 from it! Note that it is illegal for anyone besides the Metropolitan Transportation Authority (MTA) to sell these cards.
Places to beware:
- New York City
What to do:
- Only buy from the authorized MTA dealers.