Thursday, August 12, 2010

Internet ticket fraud

A variation of internet marketing fraud is offering tickets to sought-after events such as concerts, shows and sports events. The tickets turn out to be fake or are simply never delivered. The proliferation of online ticket agencies and the existence of experienced and dishonest ticket touts has fuelled this kind of fraud in recent years. Many such scams are run by British ticket touts, though they may base their operations in other countries.
A prime example was the global Beijing Olympic Games ticket fraud run by US-registered Xclusive Leisure and Hospitality, sold through a professionally-designed website, www.beijingticketing.com with the name "Beijing 2008 Ticketing". On 4 August it was reported that more than $50 million worth of fake tickets had been sold through the website. On 6 August it was reported that the person behind the scam, which was wholly based outside China, was a British ticket tout, Terance Shepherd.

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