Broker Accused of Illegally Buying 18.5 Million Tickets to Beyoncé, Post Malone, and More
Federal authorities are suing a San Diego ticket broker firm accused of running an illegal scalping operation that netted $120 million. The company allegedly used 1,300 illicit accounts to purchase millions of tickets for major artists, including Beyoncé, Post Malone, and Pitbull. Investigators claim the broker secured thousands of passes for individual concerts, generating massive profits by flipping them on the secondary market. The Department of Justice filed the lawsuit to halt the alleged large-scale ticket hoarding practices that bypass purchasing limits designed for everyday consumers.
Listen to Live Briefing
Real-time synthesized voice briefing · Live Feeds Desk
- ✓ The Department of Justice is suing a ticket broker firm over an alleged $120 million ticket-flipping scheme.
- ✓ A San Diego company is accused of illegally scalping 18.5 million tickets.
- ✓ The targeted tours include events for Beyoncé, Post Malone, and Pitbull.
- ✓ The broker allegedly used 1,300 illegal accounts to purchase 7,000 tickets for a single Beyoncé concert.
What changed
The Department of Justice filed a lawsuit against a San Diego-based ticket broker for operating an alleged multi-million dollar illegal ticket-flipping scheme.
Live updates
-
DOJ Sues Ticket Broker in Alleged $120M Scalping Scheme
Federal authorities are suing a San Diego ticket broker firm accused of running an illegal scalping operation that netted $120 million. The company allegedly used 1,300 illicit accounts to purchase millions of tickets for major artists, including Beyoncé, Post Malone, and Pitbull. Investigators claim the broker secured thousands of passes for individual concerts, generating massive profits by flipping them on the secondary market. The Department of Justice filed the lawsuit to halt the alleged large-scale ticket hoarding practices that bypass purchasing limits designed for everyday consumers.
Why it matters
Large-scale ticket scalping operations frequently exploit online sales platforms by deploying automated bots and fake profiles to bypass purchase limits. This practice artificially inflates secondary market prices for major tours and concerts, pricing out genuine fans. Federal enforcement actions target these brokers to protect fair access to live entertainment events.
What is confirmed
- The Department of Justice is suing a ticket broker firm over an alleged $120 million ticket-flipping scheme.
- A San Diego company is accused of illegally scalping 18.5 million tickets.
- The targeted tours include events for Beyoncé, Post Malone, and Pitbull.
- The broker allegedly used 1,300 illegal accounts to purchase 7,000 tickets for a single Beyoncé concert.
- The broker allegedly made $833,000 from one Beyoncé concert alone.
What to watch next
- Response and defense arguments from the sued San Diego ticket broker firm.
- Potential court rulings regarding the alleged illegal ticket-flipping accounts.
confidence 100%Sources used for this update (7)
- Billboard — DOJ Sues Broker That Allegedly Netted $120M Flipping Tickets to Beyoncé & More Tours
- Rolling Stone — Broker Accused of Illegally Buying 18.5 Million Tickets for Beyoncé, Post Malone, and More
- The Hollywood Reporter — Feds Sue Ticket Broker Firm Over Alleged $120M Scheme For Beyoncé, Pitbull Tickets
- Paste Magazine — San Diego company accused of illegally scalping 18.5 million tickets
- Yahoo — Ticket broker sued after using 1,300 illegal accounts to purchase 7K Beyoncé tickets
- Complex — Ticket Broker Used 1,300 Accounts to Make $833K Off One Beyoncé Concert, Say Feds
- San Diego Union-Tribune — Trump administration sues San Diego company for alleged massive ticket scalping scheme
Community Sentiment: How do you assess this situation?
Voice your perspective · Real-time aggregated sentiment from the Live Feeds community