A ticket-reselling operation used a network of fake accounts to bypass Ticketmaster’s security protocols to grab hundreds of thousands of tickets to hugely popular tours for artists like Taylor Swift and Bruce Springsteen and then re-sold them for millions,

The FTC sued the Maryland-based Key Investment Group LLC and its affiliates for allegedly using fraud to purchase tickets for high-profile performances, including Taylor Swift's Eras' tour last year.

The FTC has sued Key Investment Group for allegedly circumventing Ticketmaster controls to purchase and resell over 2,000 tickets for Taylor Swift's 'The Eras Tour' at massive profits.

Amid intense ticket-price scrutiny – and a DOJ antitrust action against Live Nation – the Federal Trade Commission (FTC) is officially suing several alleged scalpers under the BOTS Act. The FTC submitted the high-stakes complaint to a Maryland federal court today,

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.

The FTC is taking aim against ticket resale sites, claiming that they used illegal methods to obtain and resell concert tickets.

FTC alleges the defendants have bypassed Ticketmaster's protections and purchased hundreds of thousands of tickets to resell at a significant markup The Federal Trade Commission is suing a ticket broker operation for allegedly using unlawful tactics to exceed ticket purchasing limits for many popular events,