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09-29-2015 Case # 15-203 Advisory Concerning the City's Transit Department

A recent City of Albuquerque, Office of Inspector General (OIG) investigation established that a City vendor hired to provide cash management and armored car services, which includes pick-up and deposit of the fares collected via City buses may have potentially defrauded the City for a significant loss of monies intended for deposit for the City of Albuquerque’s Transit Department.