Hot Tickets and Wall Street Marks

Prime tickets to see Springsteen on Broadway are going for as much as $10,000 on StubHub. Even a bad seat will cost you $1,400. Never mind that it says $75 on the ticket. The Boss's run at the Walter Kerr Theatre is the latest example of how today's ticket resellers keep pushing up prices to you've-got-to-be-joking levels. And the business is huge: an estimated $15 billion a year. Tickets to hot shows from Springsteen to Hamilton seem like a sure thing. That, anyway, is the thinking. But some big-money types appear to have been snookered just like out-of-towners in Times Square. Alleged fraudsters took their money to acquire blocks of tickets, and then -- poof! -- no tickets and no cash.