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Old 2009-10-23
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Default Redflex Investors Call AZ Program “Failure”

Camera Fraud Article: Redflex Investors Call AZ Program “Failure”


postitRedflex’s statewide “photo enforcement” program in Arizona is being called an expensive failure by the beleaguered firm’s own investors.


Apparently, these photographic pirates are upset that the “take” from their heist wasn’t what they were expecting:


“Hunter Hall has concluded that, so far, the ‘Arizona statewide’ program has been an expensive failure. We attribute responsibility for this outcome to a board that we believe is ill-equipped to handle contracts of such significance.”


The backlash against automated ticketing in Arizona, including a proposed statewide ballot initiative outlawing the cameras, now threatens the Australian firm’s 11 other lucrative contracts with municipalities throughout Arizona.






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