Stories From The Road
Our Parking Industry® by TPN - The Parking Network
Episode notes
Summary
In this episode, Clyde shares a story from a past audit where he and his team discovered a major theft scheme in a parking garage. The property manager initially resisted their presence but eventually allowed them to proceed. After conducting the audit, Clyde and his team suspected that an employee in the garage was stealing, but they couldn't figure out how. They eventually discovered that the employee was using steam to remove validation stickers from tickets and then selling them to cash customers. The theft amounted to over a million dollars, and the property manager was shocked but grateful for Clyde's work. Clyde also discusses the history of validation in the parking industry.
Takeaways
Audits in the parking industry can uncover major theft schemes
Validation stickers ha ...