The Fans Are Disappointed, but Is That a Crime? - DealBook Blog - NYTimes.com - 0 views
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Ryan Fuller on 08 Mar 10"Earlier this week, federal prosecutors in New Jersey unveiled a 43-count indictment charging four men with using sophisticated computer programs to bypass security measures to buy up blocks of tickets through online vendors like Ticketmaster. They sold the tickets to brokers, who in turn marked them up for ravenous fans who found the available supply of tickets scarce. According to the indictment, the defendants reaped more than $20 million in profits from 2002 to 2009 through purchases of more than one million tickets by their company, Wiseguy Tickets."