TheTresLeches
250+ Posts
This sounds like a pretty shady business practice.
"Texas Attorney General Greg Abbott today charged an online ticket broker with unlawfully deceiving 2008 Beijing Summer Olympic Games ticket purchasers. According to the state’s enforcement action, Austin-based TicketCity Inc. initially sold opening ceremonies tickets for $1,250 and promised to double the refund if it failed to deliver the pre-purchased tickets. The defendants initially indicated that purchasers would receive their tickets before the start of the Olympics. Customers, relying on TicketCity guarantees, made hotel reservations and purchased airline tickets to Beijing.
According to court documents, TicketCity did not possess the tickets they were selling online. As a result, in March 2008, TicketCity informed customers they would not be receiving their prepaid tickets and that their purchases would not be honored. The company also refused to honor the 200 percent refunds. Meanwhile, TicketCity salespersons continued to offer opening ceremony tickets at dramatically higher prices. According to an Attorney General undercover investigator, TicketCity representatives offered tickets starting at $7,000 each."
The Link
"Texas Attorney General Greg Abbott today charged an online ticket broker with unlawfully deceiving 2008 Beijing Summer Olympic Games ticket purchasers. According to the state’s enforcement action, Austin-based TicketCity Inc. initially sold opening ceremonies tickets for $1,250 and promised to double the refund if it failed to deliver the pre-purchased tickets. The defendants initially indicated that purchasers would receive their tickets before the start of the Olympics. Customers, relying on TicketCity guarantees, made hotel reservations and purchased airline tickets to Beijing.
According to court documents, TicketCity did not possess the tickets they were selling online. As a result, in March 2008, TicketCity informed customers they would not be receiving their prepaid tickets and that their purchases would not be honored. The company also refused to honor the 200 percent refunds. Meanwhile, TicketCity salespersons continued to offer opening ceremony tickets at dramatically higher prices. According to an Attorney General undercover investigator, TicketCity representatives offered tickets starting at $7,000 each."
The Link