Cybercrime involving ticket fraud at Taylor Swift concerts

SOURCE www.npr.org
A cybercrime crew stole and resold over 900 digital tickets to Taylor Swift concerts and other events on StubHub, making over $600,000 in profits. Two individuals were arrested and charged with grand larceny, computer tampering, and conspiracy.

Key Points

  • Over 900 digital tickets stolen and resold on StubHub
  • Perpetrators made over $600,000 in profits
  • Majority of stolen tickets were for Taylor Swift's Eras Tour
  • Two individuals arrested and charged

Pros

  • Ticket fraud scheme exposed and perpetrators arrested
  • Stolen tickets replaced or refunded by StubHub

Cons

  • Financial losses for victims who bought the stolen tickets at exorbitant prices