Six people involved in the Xclusive companies promotion of on-line sport and concert tickets are facing trial this month.
Martin Evans appears for the Crown.
This follows hundreds of complaints by ticket buyers alleging no tickets were delivered and no refunds given.
The Serious Fraud Office together with the Metropolitan Police (Southwark CID) started investigating Xclusive Tickets Limited, Xclusive Leisure & Hospitality Limited and related companies in September 2008. Both of the Xclusive companies had entered liquidation that month.
The investigation arose following a referral from Companies Investigation Branch ("CIB") which carries out investigations on behalf of the Secretary of State for Business, Innovation and Skills.
The Xclusive companies sold tickets online for a wide variety of events including the Beijing Olympics and various summer music festivals in the UK.
It is alleged that a large number of these tickets were not supplied and many customers did not obtain refunds. The companies are also suspected of illegally selling UK football tickets. The total value of tickets not supplied is said to be excess of £5 million.