Tickets are being offered on a variety of websites for as much as ??35,000 but organisers insist the tickets have not yet gone on sale.
Reg Walker, the UK???s leading ticket fraud expert, told Sky Sports News HQ: “A small number of the tickets being sold won’t be fake, but others are offering to take your money for tickets that simply don’t exist.
“At the very least, these offers breach consumer protection regulations and at worst are totally fraudulent”.??
Floyd Mayweather will fight Manny Pacquiao on May 2 in Las Vegas in what promises to be the richest bout in the history of boxing. MGM Grand has a capacity of 16,800, but it has not yet been announced how many tickets will go on general sale.
Mayweather Promotions have confirmed to Sky Sports News HQ that ???fight tickets are not yet on sale, and the exact on sale date has not been confirmed”.
Under new legislation, people re-selling tickets to sports events in the secondary market will soon be regulated closer.
Sellers will have to provide information on how much the ticket cost, the seat number and any restrictions imposed by the venue. Those failing to provide the details will be committing a criminal offence and could face a fine of up to ??5,000.
The move is an attempt to prevent online touts buying up large numbers of tickets and selling them on for a huge profit and Walker believes the new laws will provide much needed protection for sports fans.
“Firstly, ticket re-sellers will have to provide sufficient information to enable fans to check with event organisers that the tickets actually exist and are valid,” he added.
“Secondly, it will make it far easier for authorities to spot sites that are breaking the law and take the appropriate action”.
Former Sports Minister Lord Moynihan estimates there is ??1.5bn of fraud in the secondary market each year and has said the news laws will provide greater transparency.