The post FTC Sues Broker Who Allegedly Bought 400,000 Tickets to “The Eras Tour” and Other Concerts appeared first on Consequence. The Federal Trade Commission (FTC) has sued a ticket reseller over an allegedly multi-million dollar scalping ring targeting major concerts and events,

The Federal Trade Commission said Monday it has filed a lawsuit against Maryland-based ticket broker Key Investment Group and its affiliated companies and individuals for using "unlawful tactics" to bypass Ticketmaster's security measures and exceed ticket purchasing limits for many popular events,

The agency sued Maryland-based Key Investment Group, alleging that the company violated the BOTS Act to obtain thousands of Eras Tour tickets and resell them for millions of dollars.