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June 18, 2026

Business January 22, 2021 3 mins read

New York Ticket Brokers Sued by FTC, Faces More Than $31M Civil Penalties

Business ı By Marivic Cabural Summers

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uBiome founders face fraud charges

"The settlements our staff negotiated with these alleged BOTS Act violators make clear that serious consequences will befall those who cheat fans out of a fair shot to secure tickets to live events...These first three BOTS Act enforcement actions are only a first step in fixing the broken markets for tickets to live events...," said Acting FTC Chairwoman Rebecca Kelly Slaughter.

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Marivic Cabural Summers
2032 Posts

Marivic Cabural Summers

Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.

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