BTS ticket scalper buys apartment, 2 commercial properties

A man in his 30s has been arrested in South Korea for allegedly purchasing thousands of concert and sporting event tickets, primarily for BTS shows, and reselling them at exorbitant prices. The Gyeonggi Bukbu Provincial Police Agency arrested the individual, whose identity remains undisclosed, on charges of obstructing business activities.

Police allege that the man purchased 8,967 tickets between September 2018 and April 2023, generating sales totaling 2.4 billion won ($1.73 million). To acquire the tickets, he reportedly utilized macro programs to automate repetitive inputs and created accounts under the names of seven family members and relatives. The tickets were resold through various methods, including altering delivery addresses, transferring online, and handing out wristbands at venues.

One notable incident involved the man buying a BTS concert ticket at Seoul's Jamsil Sports Complex for 110,000 won and subsequently reselling it for 3 million won.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.