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Feds Close Down NYC Ticket Reseller Ponzi Scheme
Back in January, the SEC and federal prosecutors closed down an $97 million NYC Ponzi scheme that promised 138 investors enormous profits by purportedly buying and reselling tickets to Broadway’s Hamilton and other high-demand show. [See Financialish.com, 1/29/17]
Four months later, the feds have shut down a similar Ponzi scheme that hoodwinked investors out of $70 million. Victims included a private equity firm that invested $40 million, and a Manhattan diamond wholesaler that has recouped only half of the $32 million it lent.
According to prosecutors, Jason Nissen, 44, of Roslyn, LI, admitted his scheme to 2 victims - one of whom caught Nissen's admission on videotape.
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