Prime tickets to go see “Springsteen on Broadway” have risen to as much as $10,000 on StubHub. That kind of markup attracts big Wall Street investors, but it also entices people looking to scam them. In a few recent cases, investors have fallen for ticket-buying cons that end up losing them lots of dough.
From Bloomberg Markets:
Read Full Article »A concert promoter and Hamptons socialite, Joseph Meli, allegedly cheated more than 125 investors, including billionaires Dell and Tudor Jones, in a scheme centered on tickets to “Hamilton” and popular concerts, prosecutors said.
And a former New York City math teacher, Jason Nissen, after running a well-respected broker company, was accused of falsely telling investors, including Falcon Strategic Partners and a Hutton Capital Management-affiliated firm, he'd use their money to buy tickets to sought-after events including the Super Bowl and “Hamilton.” Actually, he was repaying earlier investors, according to the government.
