Five people have been arrested over a dodgy ticketing outfit called Xclusive Tickets who allegedly sold tickets so exclusive they didn't actually exist. It's thought over 4000 people paid for non-existent tickets to music festivals and events at the Beijing Olympics while the Xclusive business was in operation.
The Metropolitan Police reportedly raided homes of the accused and a business address on Tuesday night, and arrested four men and one woman in relation to the alleged crimes. All five have been released on bail. The Serious Fraud Office, which is investigating the scam, has asked anyone who paid Xclusive for tickets they then didn't receive to let them know via the form at http://www.sfo.gov.uk/investigations.
Commenting on the case, Serious Fraud Office Director Richard Alderman said: "People thinking of buying tickets on-line should be vigilant and always check the supplier's credentials. In this particular case we know that many thousand consumers lost money and suffered disappointment that they could not attend events that many of them had spent years dreaming about and I urge those people who bought tickets through Xclusive to come forward with information".