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Seven arrested internationally in $1.9m StubHub fraud

Published on Jul 24, 2014 6:24 AM
 

NEW YORK (Reuters) - Police arrested seven people tied to a US$1.6 million (S$1.9 million) international fraud that used stolen credit cards to buy tickets through the StubHub online market to thousands of events, including Yankees baseball games, Broadway shows and Jay-Z concerts.

Officials from the United States, Canada and the United Kingdom announced the arrests on Wednesday at a press conference by Manhattan District Attorney Cyrus Vance Jr in New York.

The suspects include a Russian national who was detained while vacationing in Spain, three others arrested in London, two in the United States and one in Canada, according to a press release issued by Vance.

The law enforcement action "reflects the increasingly global landscape in which financial and cyber criminals operate", Vance told reporters.

Beyonce and Jay Z tickets are offered for sale through StubHub in Chicago, Illinois on July 23, 2014. -- PHOTO: AFP
 
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