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Ticket scalping big business for one man in town from Dallas

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KANSAS CITY, Mo. -- When big events roll into town, it's an opportunity for some to make some extra cash.

Terrance McNeil said he came to Kansas City from Dallas to scalp tickets for the Big 12 tournament.

McNeil said he brought $6,000 with him to get started scalping tickets.

When asked how profitable his business venture will be he said "If KU and Iowa State get it, it will be good."

McNeil said he could make around $10,000 from the tournament.

Although ticket scalping is a business for some, it has left some fans feeling uneasy about purchasing tickets through a third-party.

"I asked at the ticket office if they could verify and there is really no way to verify it until you walk through the door,” John D., an Iowa State fan, said.

Some fans are also paying a lot more than face-value for tickets when they purchase from scalpers.

Doug Dennis, from Iowa, said he spent $ 250 on a $ 75 tournament ticket.

Kansas City police officer Brad Dumit said it's legal to scalp tickets in Kansas City as long as the scalper has the $62 permit and stays on public property.

"We go around and occasionally we check them...wrote them tickets," Dumit said. Dumit also mentioned that police usually have to tend to more pressing issues than fake ticket sales.

FOX 4’s Shannon O’Brien warns that the real danger is in buying the printed paper tickets instead of the cardboard colored tickets because scammers print out multiple copies and sell the same seat over and over. Then the  first person in the door wins.