Nissen assets seized over $120m ticket ‘scam’
Jason Nissen, the CEO of National Event Company, is being sued by two investors over allegations the business is little more than a front for a ponzi scheme
News By | 7 June 2017
A New York judge has ordered the seizure of cash, property, shares and other assets from a ticket broker who allegedly conned investors out of US$32 million to prop up a “basic yet audacious” ticket-selling scam.
Jason Nissen and eight of his companies are accused of funnelling more than $120m through a ponzi scheme in which investors were promised “impossibly high returns” on resold tickets for events including Broadway musical Hamilton, Adele’s Adele Live 2016/2017 world tour,…
You've used your free article this month
Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.
