Cases / Investment funds & advisory
Summit Entertainment (onlinetickets.com, pacertickets.com)
Seyed Reza Ali Fazeli
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Summit Entertainment (onlinetickets.com, pacertickets.com)
- Industry
- Super Bowl and World Cup ticket resale
- How investors were recruited
- Investors in Orange County, Houston and Las Vegas (incl. poker players)
- Pitch & red flags
- Would "resell the tickets at a substantial profit and share the proceeds"; later claimed the NFL prohibited resale and an NFL settlement was pending
Pitch phrases from this case
Source
U.S. Department of Justice official
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