Joseph Meli has been sentenced by a federal court in Manhattan to over six years in prison in connection with a multi-million dollar Ponzi scheme involving tickets to popular concerts and Broadway shows including Hamilton. The sentence followed Meli’s guilty plea to charges of securities fraud in the fall... Read more
Tickets to the world’s two most popular football events – the Super Bowl and World Cup – are at the center of an indictment handed down by a federal grand jury this week against a California man, according to the Orange County Register. Seyed Reza Ali Fazeli was charged... Read more
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 Islandnow.com. Nissen is facing charges related to an alleged Ponzi scheme where he enlisted investors to buy into a scheme... Read more
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 Inforuptcy.com on Monday... Read more
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
