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10/30/2018
Redflex: More Red Light Camera Red InkRedflex has lost $81.4 million since top managers were caught bribing public officials.
Redflex Traffic Systems has not turned a profit for five consecutive years after being caught at the center of a corruption scandal. The Australian operator of red light cameras and speed cameras informed investors on Wednesday that losses amounted to $12.1 million for fiscal 2018, reflecting a 12 percent drop in revenue from the previous year. Redflex Chairman Adam Gray reassured the Australian Securities Exchange that boosting profit remained the company's top p ...
10/29/2018
France, Italy, UK: Speed Cameras TrashedSpeed cameras were blinded by spraypaint, burned and covered by garbage bins throughout Europe last week.
10/26/2018
Australia: Audit Questions Speed Camera EffectivenessAustralian auditor recommends hiding speed cameras to boost revenue for the billion-dollar program.
10/25/2018
Whistleblower Cop Wins Case Against DC Speed Camera ProgramSpeed camera whistleblower wins back pay in discrimination lawsuit against Washington, DC police.
10/24/2018
Red Light Camera Financial Information Goes PublicAmerican Traffic Solutions, renamed Verra Mobility, must file quarterly financial reports now that it is listed on the Nasdaq.
