Scalpers Are Selling Sandy Concert Tickets for ... $60K?

They're trying to, anyway, and Chuck Schumer is livid
By Mark Russell,  Newser Staff
Posted Dec 7, 2012 1:40 PM CST

(Newser) – With names like Paul McCartney, Bruce Springsteen, the Rolling Stones, and Kanye West appearing in the upcoming "12-12-12 Concert for Sandy Relief," tickets cost anywhere from $150 to $2,500. Officially. Unofficially, however, online scalpers are asking as much as $60,000, raising an outcry against those looking to make big money off the charity show that's supposed to help storm victims, reports the New York Daily News.

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“I find it appalling that scalpers are trying to profit off this charitable concert,” Sen. Charles Schumer wrote to StubHub and TicketLiquidator. A StubHub spokesman defended the practice, saying the tickets would get resold anyway and adding that the company's 25% cut would go to charity, too. Ticketmaster, on the other hand, has now banned reselling tickets for next week's event on its resale sites. (Read more Hurricane Sandy stories.)

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