TfL Savers victory after largest-ever transport fraud is smashed

 
Transport for London is to withdraw the current design of Bus Saver tickets, after arresting a number of suspects behind the capital’s largest-ever organised transport scam.
Police last week raided four commercial premises in west London and one residential address in the Croydon area. The Bus Saver tickets fraud is believed to be masterminded by international organised criminals, who allegedly sell fake books of tickets through a network of news agents.
The sophisticated counterfeits have penetrated at least 10% of the current Bus Saver ticket circulation, which itself makes up around 10-12% of the pay-as-you-go market.
As a result, the current design has been withdrawn and a new one will be introduced in April.
David Brown, managing director of surface transport for, TfL said: ‘We will not tolerate this fraud and we are taking action against those involved this week.
‘Every pound these criminals skim off Transport for London’s revenue is a pound taken away from transport services for all Londoners.
‘We will be withdrawing the current Saver ticket between spring and summer this year to help stamp out this racket, so customers should be aware they have around four months to use up any leftover stocks.’

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