BTS ticket scalper buys apartment, 2 commercial properties
A man in his 30s has been arrested for allegedly buying thousands of tickets to popular concerts and sporting events, including a BTS concert, and reselling them for as much as 30 times their original price. The Gyeonggi Bukbu Provincial Police Agency said Wednesday that the man, whose identity was withheld, was arrested and referred to prosecutors on charges of obstruction of business. The man…
A man in his 30s has been arrested for allegedly buying thousands of concert and sports event tickets and reselling them at exorbitant prices. The Gyeonggi Bukbu Provincial Police Agency announced the arrest on Wednesday, withholding the suspect's identity. He faces charges of obstructing business. Police allege the man purchased 8,967 tickets to popular performances and sporting events from September 2018 to April 2023, generating total sales of 2.4 billion won ($1.73 million).
Authorities discovered he utilized automated programs and created accounts under the names of seven family members and relatives to acquire tickets in bulk. He reportedly resold the tickets via various methods, including changing delivery addresses, transferring digital tickets, and providing buyers with admission wristbands at concert venues.
Among the incidents, a BTS concert ticket purchased for 110,000 won in 2019 was resold for 3 million won.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- BTS ticket scalper buys apartment, 2 commercial properties koreatimes.co.kr
