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Court fines 3 companies for Olympics ticket scam

Updated: December 11, 2012, 11:59 AM ET
Associated Press

LONDON -- A British court has fined three companies a total of $113,000 for selling tickets for the London Olympics at "hugely inflated prices."

Sportsworld Group Ltd. was found guilty Tuesday of selling tickets in breach of Olympic legislation and fined $80,000. Imperial Corporate Events Limited and Events International pleaded guilty in September and were fined $16,000 each.

Detective Superintendent Nick Downing, who led the Metropolitan Police investigation, says "These companies ...

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