Alleged Ponzi Schemer Denied Leave To Travel To Vegas

Law360, New York (August 15, 2017, 7:42 PM EDT) -- The alleged mastermind behind a $70 million ticket-resale Ponzi scheme was denied permission to fly to Las Vegas and ply his trade ahead of the landmark Mayweather-McGregor boxing bout, as the criminal case against him got underway in New York federal court Tuesday.

Jason Nissen, the disgraced former CEO of now-defunct ticket brokerage National Events Holdings LLC, had turned himself in four months ago and waived an indictment after admitting to some of his creditors in May that he had been running the formerly legit company as a Ponzi scheme for at least the last two years.

National Events and several...

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