GRUNGECAKE

Hackers linked to stealing $600K worth of Taylor Swift concert tickets arrested

In a recent crackdown on cybercrime, two individuals from Queens, New York, have been arrested for allegedly orchestrating a scheme that exploited a loophole in StubHub’s system to steal and resell digital tickets for high-profile events, including Taylor Swift’s ‘The Eras Tour’. The operation reportedly netted over $600,000 between June 2022 and July 2023.

[media-credit name=”Instagram” link=”https://www.instagram.com/p/Cy41pGouiWm/?img_index=1″ width=1440 align=”none”][/media-credit]

The alleged scheme

Tyrone Rose, 20, and Shamara P Simmons, 31, are accused of collaborating with associates employed by a third-party contractor for StubHub based in Kingston, Jamaica. These insiders allegedly intercepted legitimate ticket URLs and forwarded them to Rose and Simmons in Queens. The duo would then download these tickets and resell them on StubHub at inflated prices. This method allowed them to bypass standard security measures and profit from events they had not purchased tickets for.

Scope of the fraud

The fraudulent activities encompassed more than nine-hundred digital tickets, with a significant portion targeting Taylor Swift’s ‘The Eras Tour’. Other affected events included concerts by Adele and Ed Sheeran, NBA games, and the US Open Tennis Championships. The scheme compromised approximately 350 StubHub orders, leading to substantial financial losses for both the company and unsuspecting customers.


[adace-ad id=”64618″]


Legal proceedings

Both Rose and Simmons have been charged with grand larceny, computer tampering, and conspiracy. If convicted, they could face prison sentences ranging from three to fifteen years. Following their arraignment, they were released without bail and are scheduled to appear in court on March 7.

StubHub’s response

StubHub has been actively cooperating with authorities throughout the investigation. The company has terminated its partnership with the implicated third-party contractor and has implemented enhanced security measures to prevent similar incidents in the future. Affected customers have been contacted and offered refunds or replacement tickets.

Official statements

Queens District Attorney Melinda Katz emphasised the severity of the crime, stating, “According to the charges, these defendants tried to use the popularity of Taylor Swift’s concert tour and other high-profile events to profit at the expense of others.” She highlighted the collaborative efforts between law enforcement and industry partners in uncovering the scheme and bringing the perpetrators to justice.

Ongoing investigation

Authorities are continuing their investigation to identify and apprehend additional co-conspirators involved in the operation. The case underscores the importance of cybersecurity and the need for vigilance among companies and consumers alike to protect against such fraudulent activities.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *