I think you wrote "less" when you mean "more". Assuming that's what you meant, I disagree. From their website, it looks as if UberCab requires drivers to be a livery company, so gov credentials are required either way.
The only way I can see the stolen iphone game working is if you steal the iphone from an UberCab driver, or convince UberCab that you are an independent livery and then rape someone before the stolen iphone gets cut off.
In contrast, a legitimate yellow cabbie just needs to put his coat on top of the taxi license and make sure the victim doesn't see his license plate # as he drives away. That same game won't work with a legitimate UberCabbie, since there is an electronic record that driver X picked up passenger Y.