The CEO of StubHub exposed in SEC documents to own a hedge fund thats scalping millions of tickets on StubHub making a fortune
Everything is a scam
“StubHub bills itself as an online marketplace for fans where they can buy and sell tickets, but it turns out that StubHub CEO himself also has a hedge fund that is scalping millions of dollars worth of its own tickets”
“The company went public on the New York Stock Exchange last fall. They had to file documents to the Securities and Exchange Commission, and in those SEC filings, we find some interesting information. The CEO, Eric Baker, actually owns and manages a hedge fund by the name of Andro Capital.
Its business: selling millions of dollars worth of tickets on StubHub — So essentially, StubHub and its CEO are in the business of mass scalping”
Here’s a step by step of how the scam works
- StubHub CEO’s Andro Capital buys large numbers of tickets, sometimes in bulk from primary sellers, other brokers and events
- They then list and sell those same tickets on StubHub at much higher prices
- When fans buy the tickets, Andro makes a profit on the price difference, this is the scalping markup
- StubHub helps them by handling the listing, pricing and delivery of the tickets, sometimes with special arrangements or lower fees for Andro
The result is millions of dollars in ticket sales flow through Andro on StubHub, and the profits go back to the hedge fund that StubHub CEO Baker owns and manages
It means with his big money and influence he can move in early, gets the tickets for events, then mark them and rob everyone blind
Now this is mind blowing
Joe Rogan “Kids Wish Network:
- They raised $127 million
- They paid to solicitors $109 million
- They spent large percentage on direct cash
- Aid to the actual kids is ONLY 2.5%
- Look at the Cancer Fund of America. LESS THAN 1% went to the actual thing”⠀
I looked more into this and it’s mind blowing
- In 2012 they raised $18.6 million, but only $240,000 went to actually granting wishes. That only about 1.3%
- Overall over a 10 year period only about 2.5% or less was direct aid
- Founder Mark Breiner pocketed almost $5 million
Cancer Fund of America is even worse
- They raised tens of millions. One of several linked orgs totaling over $187 million across their entire network
- Professional solicitors took 80+ cents of every dollar
- Less than 1% went to actual patient aid in many years
These orgs were shut down after FTC and multi-state actions in 2015. It was one of the largest charity fraud cases at the time
Mitch McConnell has been MIA for WEEKS after he was found unconscious.
His staff are completely silent. His libtard daughter deactivated his social media accounts. His CCP wife has fled the United States. AND The Hill just accidentally dropped a pre-written “lookback” memoriam on Mitch McConnell — classic premature obituary move.
Which begs the question: Is he even ALIVE?
Are they just trying to hide the body to sneak past Kentucky’s August 3rd cutoff?
After that date, McConnell’s establishment cronies can block a pro-Trump America First candidate from taking the seat and instead ram through one of their own RINO picks.
This is a morbid, yet classic swamp move to screw over the voters.
Kentucky deserves the truth NOW.
Mitch McConnell is being kept “alive” by life support machines, but my White House source told me McConnell is in organ failure, and as I reported, source told me he has allegedly been declared a vegetable (brain dead) by doctors and the White House has been told “McConnell isn’t ever coming back.”
Officially brain dead, organ failure is accelerating, life support machine is keeping him “alive” but his brain is officially dead and his wife @ElaineChao has fled the country to China.
I wonder if she brought any of his documents or briefings with her to China.
SAVE ACT: The South Dakota GOP just trespassed Scott Presler from its own convention, paid ticket & all, because he criticized John Thune on Facebook. Matt Bruner kicked Scott out because of his criticism of Thune's failure to pass the Save America Act.
Elon is not the problem…
There are 193 countries in the world and 177 of them receive US taxpayer money from Congress.
177 of 193.
Thats 91.7% of the world.
Its not Congress’s money.
Its your money, my money, our kid’s money etc.
Americans are being screwed.
Not by Elon…
Thune and the GOP Senate are using to stop Trump…
Parliamentarian to stop agenda.
Zombie Filibuster to stop securing elections.
Blue Slip tradition to stop filling judicial positions.
Pro Forma sessions to stop making recess appointments.
Denying constituents.
Traitors.
This is your reminder that the statistical probability of Spencer Pratt getting 0 out of 24,000 votes in that late night Los Angeles mail in ballot drop is LESS THAN 1 IN TRILLIONS
Yes you read that right, less than 1 in trillions
It’s blatant mail in ballot fraud in California