Property News · May 15, 2016

How the ticket touts get away with bleeding fans dry


Special report: Resale sites are dominated by touts who buy thousands of tickets and sell them on at exorbitant prices. Can the trade be stopped?When David Bennett, a passionate music fan, moved to London at the age of 25, he was desperate for any kind of break in the entertainment industry. So when a job came up with a secondary ticketing website – an online marketplace that matches fans selling gig tickets with buyers – he took it.A few years later he had quit, disillusioned and appalled by an enterprise that lined the pockets of touts at the expense of fans. “It was my job to look after the power sellers [industry term for ticket touts] and help them get the tickets they wanted,” said Bennett, who asked for his name to be changed for fear of reprisals. “Some of these guys set up companies with eight or 10 employees using multiple credit cards to buy tickets.” Continue reading…

Source : theguardian.com
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