Cyber fraud ring hits Stub-Hub

(NEWSCHANNEL 3) - Online ticket retailer Stub-Hub is announcing it's the victim of a massive international cyber fraud ring.

Stub-Hub says cyber thieves got into more than 1,000 customer accounts and fraudulently bought tickets for events.

Later Wednesday they will be announcing the details of the international incident.

The firm has been working with law enforcement around the world for the last year on the case.

We do know arrests have been made, but few details are being released right now. At this point they are not saying how much money was involved or how many people are in custody.

The company says it detected the unauthorized transactions last year and gave refunds.

A district attorney in New York is expected to hold a news conference Wednesday in conjunction with London and Royal Canadian Mounted Police officials.