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Korea targets 170 ticket scalpers in 1st mass police referral

Korea targets 170 ticket scalpers in 1st mass police referral
Under Newly Tightened Anti Scalping Laws Korean Authorities Referred 170 High Volume Ticket Resellers To Police On Wednesday Targeting An Illegal Trade Estim
Under Newly Tightened Anti-scalping Laws, Korean Authorities Referred 170 High-volume Ticket Resellers To Police On Wednesday, Targeting An Illegal Trade Estimated At More Than 1 Billion Won ($770,000). The Sweep Marks The First Major Enforcement Action Under Amended Legislation That Bans Reselling Tickets Above Face Value, Regardless Of Whether Automated Buying Software Was Used. The Move Follows An Unprecedented Wave Of Public Tips: Between Aug. 28, When The Law Took Effect, And Oct. 1, Authorities Received Over 68,000 Complaints — Averaging Roughly 2,000 A Day, A Seventeenfold Surge Compared To Last Year. Cooperating With Online Secondary Ticket Platforms, Regulators Blocked Around 30,000 Suspicious Posts And Obtained Transaction Data To Identify The Most Severe Offenders. The Suspects, Comprising 121 Sellers In Sports And 49 In Entertainment, Allegedly Offered 11,032 Tickets. In One Extreme Instance, A Single Individual Offered More Than 1,000 Tickets With A Combined Listing Price Exceeding 100 Million Won. “Ticket Scalping Is A Clear Criminal Act That Deprives Creators And Athl



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