Investors Lose $31M In Scam For Pitbull, Jay-Z Concerts
Investors jumped at the chance to try and score a huge profit from concerts like Kendrick Lamar, Kanye West, Jay-Z, and Pitbull, however, things all came crashing down when they found out it was all a giant scam. According to the Orlando Sentinel, two Orlando men scammed multiple investors.... Read more
Live Nation Cries Foul, Files Appeal After AEG Renews London Deal
London’s Royal Parks renewed its contract with AEG for concerts at Hyde Park, but Live Nation isn’t having it. According to Billboard, Royal Parks rejected a competing bid from Live Nation and instead renewed its contract with AEG to hold concerts at the park through 2025. The deal was... Read more
MGM Resorts Announce $800M Settlement With Route 91 Festival Victims
A settlement was announced Thursday to resolve claims against MGM Resorts related to the 2017 massacre at the Route 91 Harvest Festival in 2017, according to CNBC. The settlement will pay claimants at least $735 million, according to a press release issued by the company. The total settlement may... Read more
Thousands of Tokyo 2020 Tickets Purchased With Fake IDs Voided
Tokyo 2020 organizers said they voided 6,900 Olympics tickets that were purchased with fraudulent identities online through the lottery earlier this year, totalling $1.6 million. “Tokyo 2020 understands that there have been large-scale purchases following the first wave of the Olympic ticket lottery applications from a large number of... Read more
Hologram Firm Faces Charges For Misleading Investors
Hologram USA Networks faces charges for misleading investors for various holographic concerts displaying late artists like Tupac Shakur, Whitney Houston, and Roy Orbison. According to Law360, Hologram USA Networks CEO Alki David sold $100,000 worth of unregistered shared ahead of an aborted IPO and misled investors about having rights... Read more
Adler: Black Keys Fiasco Reveals Depths of Ticketmaster Monopoly Moves
High-demand events generate a lot of passion when it comes to accessing tickets and the price of those tickets. Fortunately, a variety of ticket sources, including online marketplaces, offer a safe place for consumers to shop for resale tickets even if a show is sold out. The secondary resale... Read more
Musical Director Pleads Guilty To Stealing $750K From Charity
A former music director, known for his work on “The Arsenio Hall Show,” pleaded guilty to embezzling $750,000 from a charity to pay off his own debts, the NY Daily News reports. According to NY Daily, Robin Dimmagio was convicted of fraud after he used stolen money from an... Read more
Lil Wayne Ordered To Pay $150K After Failing To Fight Concert Lawsuit
Lil Wayne has been ordered to pay $150,000 in a lawsuit that he failed to respond to over fraudulent concerts. The rap star has been ordered to pay the funds to Ramin Natan, who had sued him over breach of contract and fraud. In the suit, Natan claimed that... Read more
Promoter ‘In Over His Head’ With Concert, Owes $20K
A concert promoter, who had failed to produce a Rhythm on the Water show in Austin, Texas, reportedly owes $20,000. Promoter Brandon Veuleman was in charge of a “Rhythm on the Water,” a show that included food, drinks, and live music on a boat at the Walsh Boat Landing... Read more
Report: Black Keys Sold $500+ “Premium” Seats at “Fan Club” Show
When contacted about its role in the denial of entry to hundreds of fans who purchased tickets to its show at the Wiltern last week for purchasing tickets on secondary markets, The Black Keys issued a statement condemning “scalpers” who were out to “defraud our fans and steal their... Read more