How about Exploiting a "W number Blackmarket Loophole" where one cab company sells a permitted vehicle to another cab company, for X Amount of Thousand$ of Dollar$, which removes said permit, then sells said vehicle back to the original cab company for a dollar... Evil but legal? Okay, good...
But the License Plates for the vehicle(s) sold, are never, re-registered with the DMV without even the Vehicle Title reflecting that a financial Transaction of said vehicle has occurred !!
And the IRS is never, notified of the transaction. And this happens in the light of day. The DMV & IRS are being cut out of Financial Transactions, losing money they would normally be generating from all of the "W number Blackmarket Loophole" exploits.
And you wonder why some Cab Companies are selling/buying these City Permits (capped W numbers) from each other for Thousands of dollars? Or why it's so hard for a Cab Company to make an honest living while LOWERING DUI & DWI from the streets?!
This is a Big News Story that would probably get the quick attention of even the Good Folks at the SBI, involved in a W-Number Audit. You want a news story, well, here ya go !!
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