Wellington - Police say they have arrested two men and seized NZ$500 000 worth of Rugby World Cup tickets in an operation to shut down a fraud ring.
A total of 933 tickets to a range of matches throughout New Zealand were recovered along with cash in raids on two properties, New Zealand media reported on Saturday.
Detective superintendent Andy Lovelock said "close co-operation between New Zealand Police, Customs and Immigration has led to the cracking of an organised crime group which fraudulently purchased Rugby World Cup 2011 tickets,"
He said the tickets had been purchased outside New Zealand using stolen credit cards. Two men appeared in an Auckland court on Friday charged with being part of an organised criminal enterprise.