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In 2008, Scheidt & Bachmann ticket machines on the [[Long Island Rail Road]] and the [[Metro-North Railroad]] in the [[New York metropolitan area]] were highlighted in the media after {{US$|800,000}} worth of tickets were dispensed for free and fraudulently resold. A glitch in the ticket machines dispensed free tickets when debit card transactions from certain banks were supposed to decline. The glitch had been present since 2001, and was exploited by a group of three people who resold the tickets for over three years.<ref>{{Cite news |last=Neuman |first=William |date=2008-08-13 |title=M.T.A. Vending Glitch Let Hundreds Get Free Rail Tickets Since 2001 |url=https://www.nytimes.com/2008/08/13/nyregion/13scam.html |access-date=2024-09-27 |work=The New York Times}}</ref><ref>{{Cite web |date=2010-07-16 |title=Trio headed to jail after reselling Long Island Rail Road tickets they got free from faulty machine |url=https://www.nydailynews.com/2010/07/16/trio-headed-to-jail-after-reselling-long-island-rail-road-tickets-they-got-free-from-faulty-machine/ |access-date=2024-09-27 |work=New York Daily News}}</ref>
In 2008, Scheidt & Bachmann ticket machines on the [[Long Island Rail Road]] and the [[Metro-North Railroad]] in the [[New York metropolitan area]] were highlighted in the media after {{US$|800,000}} worth of tickets were dispensed for free and fraudulently resold. A glitch in the ticket machines dispensed free tickets when debit card transactions from certain banks were supposed to decline. The glitch had been present since 2001, and was exploited by a group of three people who resold the tickets for over three years.<ref>{{Cite news |last=Neuman |first=William |date=2008-08-13 |title=M.T.A. Vending Glitch Let Hundreds Get Free Rail Tickets Since 2001 |url=https://www.nytimes.com/2008/08/13/nyregion/13scam.html |access-date=2024-09-27 |work=The New York Times}}</ref><ref>{{Cite web |date=2010-07-16 |title=Trio headed to jail after reselling Long Island Rail Road tickets they got free from faulty machine |url=https://www.nydailynews.com/2010/07/16/trio-headed-to-jail-after-reselling-long-island-rail-road-tickets-they-got-free-from-faulty-machine/ |access-date=2024-09-27 |work=New York Daily News}}</ref>


A 2012 audit of the [[CharlieCard]] system on the [[MBTA]] in [[Greater Boston|Boston]], maintained by Scheidt & Bachmann, found a discrepancy of {{US$|101.7}}{{Nbsp}}million in fare revenues over five years. The audit also found that ticket machines and fareboxes had been unable to communicate with the MBTA's accounting systems since the CharlieCard system's 2005 installation, compounding the accounting difficulties.<ref>{{Cite web |last=Bump |first=Suzanne M. |author-link=Suzanne Bump |date=2012-09-27 |title=Official Audit Report: Massachusetts Bay Transportation Authority's Automated Fare Collection System, For the period July 1, 2006 through June 30, 2011 |url=https://www.mass.gov/doc/massachusetts-bay-transportation-authoritys-automated-fare-collection-system/download |access-date=2024-09-27 |work=Commonwealth of Massachusetts Office of the State Auditor}}</ref>
A 2012 audit of the [[CharlieCard]] system on the [[MBTA]] in [[Greater Boston|Boston]], maintained by Scheidt & Bachmann, found a discrepancy of {{US$|101.7}}{{Nbsp}}million in fare revenues over five years. The audit also found that ticket machines and fareboxes had been unable to communicate with the MBTA's accounting systems since the CharlieCard system's 2005 installation.<ref>{{Cite web |last=Bump |first=Suzanne M. |author-link=Suzanne Bump |date=2012-09-27 |title=Official Audit Report: Massachusetts Bay Transportation Authority's Automated Fare Collection System, For the period July 1, 2006 through June 30, 2011 |url=https://www.mass.gov/doc/massachusetts-bay-transportation-authoritys-automated-fare-collection-system/download |access-date=2024-09-27 |work=Commonwealth of Massachusetts Office of the State Auditor}}</ref>


== References ==
== References ==

Revision as of 15:03, 27 September 2024

Scheidt & Bachmann
Founded1872; 152 years ago (1872) in Mönchengladbach, Germany

Scheidt & Bachmann GmbH is a German technology company, based in Mönchengladbach, North Rhine-Westphalia. The company provides railway signalling systems and payment systems for public transport, parking, and fuel retailers. Scheidt & Bachmann was founded in 1872.[1]

History

Friedrich Scheidt and Carl Bachmann founded Scheidt & Bachmann in Mönchengladbach in 1872, initially manufacturing steam engines and textile manufacturing equipment. The company expanded into railway signals in 1879, and further expanded into fuel station payment equipment in 1932. Scheidt & Bachmann opened its parking management division in 1966, and expanded into public transport fare collection systems in 1978.[1]

In 2008, Scheidt & Bachmann ticket machines on the Long Island Rail Road and the Metro-North Railroad in the New York metropolitan area were highlighted in the media after US$800,000 worth of tickets were dispensed for free and fraudulently resold. A glitch in the ticket machines dispensed free tickets when debit card transactions from certain banks were supposed to decline. The glitch had been present since 2001, and was exploited by a group of three people who resold the tickets for over three years.[2][3]

A 2012 audit of the CharlieCard system on the MBTA in Boston, maintained by Scheidt & Bachmann, found a discrepancy of US$101.7 million in fare revenues over five years. The audit also found that ticket machines and fareboxes had been unable to communicate with the MBTA's accounting systems since the CharlieCard system's 2005 installation.[4][5]

References

  1. ^ a b "About Us". Scheidt & Bachmann. Retrieved 2024-09-25.
  2. ^ Neuman, William (2008-08-13). "M.T.A. Vending Glitch Let Hundreds Get Free Rail Tickets Since 2001". The New York Times. Retrieved 2024-09-27.
  3. ^ "Trio headed to jail after reselling Long Island Rail Road tickets they got free from faulty machine". New York Daily News. 2010-07-16. Retrieved 2024-09-27.
  4. ^ Bump, Suzanne M. (2012-09-27). "Official Audit Report: Massachusetts Bay Transportation Authority's Automated Fare Collection System, For the period July 1, 2006 through June 30, 2011". Commonwealth of Massachusetts Office of the State Auditor. Retrieved 2024-09-27.
  5. ^ Weir, Richard (2012-09-28). "Auditor: MBTA's Charlie dropped the $ ball". Boston Herald. Retrieved 2024-09-27.