I believe it is. (Of course, people are not expected to abuse the use of the meters -- no one expects someone to park for free all day.) And, yes, the fraud runs rampant because of this and other issues. My father needed a placard and had a very hard time getting one because of all the hoops to prove that his need was legitimate. Don't know if the dishonest people really understand how difficult they make it for those who truly need those placards.