Jason Nissen facing jail time after guilty plea
The National Event Company founder, charged with operating an audacious ticket-resale ponzi scheme, has admitted a single count of wire fraud
News By | 29 March 2018
Jason Nissen, the New York-based former ticket reseller accused of operating a a multimillion-dollar ponzi scheme, has pledged to repay his victims after pleading guilty to wire fraud.
Nissen and eight of his companies are accused of funnelling more than US$120m through a fraudulent 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, the Super Bowl and several other sporting events.
In reality, alleged…
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