Live events industry
Three people have been arrested in the UK for allegedly defrauding fans out of £1 million (E1.15 million) through two bogus ticket websites, worldwideticketstore.com andlivelinetickets.com. premises of the first site was raided by Trading Standards Officers and the website for the latter closed by Police. Victims were usually told that their credit card had been declined and ask to send a cheque which was then cash but not tickets were forthcoming. The suspects, two men aged 68 and 54 and a woman aged 62 were arrested on suspicion of fraud by false representation in Surrey and Bromley. Police believe they have disrupted a ‘significant criminal network’ during the raids and arrests. In related news, after thre ticket resale problems at the last two Olympics officials in London are taking a hard line stance against ticket resellers. The London Organizing Committee of the Olympic Games and Paralympic Games (LOCOG) has already set its sights on touts threatening legal action and the closing of illegal resale Web sites. In a recent meeting of National Olympic Committee delegates in Acapulco, Mexico, LOCOG Chairman Lord Sebastian Coe remarked, “The reputational damage for everyone across the board is huge if the tickets are on the black market and in the hands of touts. Meanwhile Festival Republic boss Melvin Benn has heralded the company’s ‘multi-agency’ approach to fighting touts at the Leeds Festival a great success with police being able to work with organisers and Trading Standards at the site.