The case involves some of the 12,000 tickets the organisation made available for €7.50 for youths aged 16 to 23.
“We have a system to identify all these people [who commit fraud]. All the tickets are electronic, it’s not like it was a football match where they print tickets that can be resold”, Paddy Cosgrave told Lusa News Agency.
As part of the Inspire Portugal initiative, run in partnership with the Portuguese government, the organisation provided cut-price tickets that only grant access to the main stage for half a day (morning or afternoon).
To get one of these tickets, youths had to register online and if they won, they had to give their personal details. This information will be checked when they enter, specifically their age.
The ticket prices for the general public are around €1,500.
Without saying how many tickets had been sold so far, Paddy Cosgrave reckoned they would all be sold out by Sunday, the day before the Web Summit begins, between Monday and Thursday in Lisbon’s Park of Nations.