Web ticket touts closed downCompanies tried to defraud consumers

26 March 2008

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Four companies which operated as internet ticket touts have been wound up in the High Court following a host of consumer complaints.

The companies touted tickets for pop and rock concerts, festivals and sporting events through the London Ticket Shop (www.londonticketshop.co.uk) and London Ticket Market (www.londonticketmarket.com) websites.

The Insolvency Service, which carried out a probe into the companies, said there had been a ‘considerable number of complaints’ from consumers who had paid for tickets they hadn't received.

Fraud

The investigation found that the companies sold tickets they didn't have or which, in some cases, didn't even exist.

The High Court heard that Michael Rangos was behind the operation of the four companies, although he had attempted to conceal his involvement from the probe.

At the hearing in the High Court, Registrar Simmonds said he had read the evidence and was very satisfied that there had been a conspiracy to defraud the public and benefit the particular 'gentleman' behind the companies.

If you want to know how to avoid paying over the odds for tickets and the best ways to avoid ticket touts, read our report into ticket agencies.