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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 11 sources · 5 days · First seen · Last updated
Lawsuit against REPS & Company for ticket scalping
Overview
The U.S. Department of Justice and the Federal Trade Commission have filed a lawsuit against San Diego-based REPS & Company Inc. and three executives—Ryan Pancheri, Brian Archibald, and Nicholas Totagrande—for allegedly violating the Better Online Ticket Sales (BOTS) Act.
Federal prosecutors claim the firm used bots, VPNs, and thousands of accounts to circumvent purchase limits for at least 83,500 events, including concerts by artists such as Beyoncé and Pitbull. The company reportedly spent over $1.3 billion to acquire approximately 18.5 million tickets, generating at least $120 million in profit through secondary marketplaces. Investigators allege the company utilized offshore teams in the Philippines to facilitate the scheme.
Entities
REPS & Company Inc. · Department of Justice · Federal Trade Commission · Ryan Pancheri · Pitbull
Timeline
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[BUSINESS] 2 sourcesFTC targets ticket-hoarding firm as businesses seek better bot controls
The FTC and DOJ are targeting REPS & Company Inc. for an alleged massive ticket-hoarding scheme using bots, while Fastly emphasizes the need for better controls to manage automated AI and bot traffic.
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[CRIME] 9 sourcesREPS & Company sued for alleged $120M illegal ticket scalping scheme
The DOJ and FTC have sued San Diego-based REPS & Company for an alleged $120 million scheme using bots to illegally buy 18.5 million tickets for major artists like Beyoncé and Post Malone.
Sources
backendnews.net · balleralert.com · complex.com · hollywoodreporter.com · hotnewhiphop.com · music.mxdwn.com · offthepress.com · rollingstone.com · rollingstone.it · southfloridareporter.com · stereogum.com