Summary Box: 4 men charged with making $29M by fraudulently obtaining, reselling tickets
By APMonday, March 1, 2010
Summary Box: 4 charged with concert ticket scheme
THE CHARGES: Four California men were accused of fraudulently obtaining tickets to concerts and sporting events and reselling them for a profit estimated at $29 million.
THE TECHNIQUE: According to prosecutors, the men used computer programs to bypass safeguards meant to restrict the number of tickets that each customer can buy.
THE DEFENSE: One attorney says all the men did was to “invent a better mousetrap to buy tickets” — sophisticated, but legal.
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