A Brooklyn man is turning a tiny portion of the $52 million in unused MetroCards into cash. In a business model akin to the OTB truffle-sniffers of yore, 41-year-old John Jones finds discarded MetroCards on the ground in various subway stations, combines the fares onto new cards, and resells them at a discount, and estimates that he’s made around $20,000 over the years. “I’m surprised that people just toss money away,” Jones tells the Post. This past holiday season, he found $1,500 worth of unused fares, and was able to sell half of it. No machine-tampering necessary! [ more › ]
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MetroCard Magnate Has Resold Unused Fares For $20K