The post FTC Sues Broker Who Allegedly Bought 400,000 Tickets to “The Eras Tour” and Other Concerts appeared first on Consequence. The Federal Trade Commission (FTC) has sued a ticket reseller over an allegedly multi-million dollar scalping ring targeting major concerts and events,

The U.S. Federal Trade Commission sued ticket reseller Key Investment Group for evading purchasing limits to buy up thousands of tickets to live events including Taylor Swift's Eras tour and resell them at a markup,

The Federal Trade Commission said Monday it has filed a lawsuit against Maryland-based ticket broker Key Investment Group and its affiliated companies and individuals for using "unlawful tactics" to bypass Ticketmaster's security measures and exceed ticket purchasing limits for many popular events,