ask the lawyer

kimberly: march madness is here. the term is underway. that brings us to the conversation that always happens, ticket scalping. explain what that is. >> it is some ring that has been in existence as long as

athletics. it is when a individual -- when companies order tickets, print them, and send them here, for example, to wake forest. when the tickets are gone, the scalpers come in because the prices go up. a scalper tries to buy the

tickets at a low rate and sell them at a high rate. we did the math. if you or i went to the tournament, the ticket cost for the full trip for the tickets is $989. a scalper, when they are all gone, if your

school is in the final four, those tickets would around $2500. it is th process to spread it out. it is so they avoid taxes and everything else that goes with it. kimberly: what are the

rules? can you sell a ticket for more than its face value? our statute says that you can sell the ticket for what the actual value is on the ticket. and the tax that you paid, which is a few dollars. you can have a three dollar

service fee. if you get caught selling it for more than that, you could the charged. the biggest individuals are the student tickets. they will not allow those to be put onto the internet.

the scalpers use those a lot. they are the best seats, so they can go tremendously. kimberly: what happens if you get caught? >> the first offense, you could go to jail for 30 days without his community service. up to the fourth of events,

using go to jail for 45 days.