Former NECO CEO Nissen Sentenced to 27 Months in Ponzi Case
Jason Nissen, the former CEO of the National Event Ticket Company (NECO) was handed a 27 month sentence from U.S. District Judge Paul Engelmeyer in Manhattan Friday after pleading guilty to a single count of wire fraud related to a $71 million Ponzi scheme involving his business. “Somehow I... Read more
Judge Denies Nissen Request to Head to Las Vegas
A federal judge denied a request by Jason Nissen to head to Las Vegas to broker tickets for the upcoming Floyd Mayweather-Conor McGregor fight, according to multiple outlets. Nissen, who faces wire fraud charges related to his alleged operation of a $70 million Ponzi scheme while CEO of National... Read more
Jason Nissen Reportedly Seeking Plea Deal in Fraud Case
Jason Nissen, the former CEO of the National Event Ticket Company currently facing federal fraud charges in New York, is seeking a plea bargain, according to a story on Nissen is facing charges related to an alleged Ponzi scheme where he enlisted investors to buy into a scheme... Read more
Former NECO CEO Nissen Pleads Not Guilty in Fraud Case
Jason Nissen has entered a not guilty plea to federal wire fraud charges in New York. Nissen stands accused of running a $70 million Ponzi scheme with premium event tickets at its core while the CEO of the National Event Ticket Company (NECO), which has since entered bankruptcy proceedings.... Read more
National Event Ticket Co Files for Bankruptcy in New York
The National Event Ticket Company has filed for bankruptcy protection, days after CEO Jason Nissen was hit with fraud charges for his role in an alleged Ponzi scheme, TicketNews has learned. Twitter user @Don Shano appears to have caught this filling first, posting a screenshot from on Monday... Read more
Opinion: You Can’t Blame an Entire Industry for One Man’s Crime
Photo: Crowds outside hoping to score tickets to Hamilton – one of the premium events then-NECO CEO Jason Nissen allegedly defrauded investors looking to capitalize on. by Sean Burns Is it fair for the actions of one individual to be used to paint all those in that individual’s profession... Read more