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 detained by authorities for allegedly purchasing a large number of tickets to popular concerts and sporting events, such as a BTS performance, and reselling them at prices up to 30 times their original cost. The Gyeonggi Bukbu Provincial Police Agency announced on Wednesday that the individual, whose name has not been disclosed, was apprehended and referred to prosecutors on charges of interfering with business activities.
The suspect is accused of acquiring 8,967 tickets to well-attended performances and sporting events from September 2018 to April of this year, generating a total of 2.4 billion won ($1.73 million) in revenue. According to police reports, he employed automated software and registered accounts under the names of seven family members and acquaintances to buy tickets in bulk quantities.
Police allege that he resold the tickets through diverse channels, including altering delivery addresses, transferring tickets online, and presenting buyers with admission wristbands at concert venues. The authorities stated that he procured a ticket for a BTS concert held at Seoul's Jamsil Sports Complex in 2019 for just 110,000 won and later sold it for 3 million won.
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- BTS ticket scalper buys apartment, 2 commercial properties koreatimes.co.kr
