Seven people have been arrested after buying thousands of tickets from eBay’s StubHub service using stolen credit-card numbers. Reuters reports that the arrests were made in the UK, US and Canada, with charges including money laundering, possession of stolen property and identity theft. Tickets worth up to $1.6m are thought to be involved, including for music gigs by the likes of Justin Timberlake and Jay-Z. It’s an interesting – and very worrying – case for the online ticketing industry, because StubHub’s own security wasn’t at fault. Instead, the company says the thieves got people’s login details from data breaches at other websites. StubHub has been working with law enforcement authorities since discovering the fraudulent transactions last year, culminating in yesterday’s arrests.
Arrests made over StubHub $1.6m ticketing cyberfraud case
