The FTC is suing Key Investment Group (KIG) alleging 379,776 concert tickets were purchased and resold for Taylor Swift’s Eras Tour, Bruce Springsteen and other concerts using bots and other illegal methods.
The tickets cost reseller Key Investment Group $57 million, according to the FTC.
In addition to our full report and analysis (here) of the FTC filing alleging massive ticket resale scheme, the 18 page filing itself is informative.
The documents offer a peak behind the curtain of how ticket brokers circumvent security features to buy and resell millions of concert tickets at outrageous markups
Bruce Houghton
