MilesBuzz! - Buying and selling airline miles

Buying and selling airline miles

Mileage brokers can offer great bargains, but buyer beware

Should you buy someone else’s airline miles? Or sell yours? You see the small ads in the travel sections of newspapers, including USA Today — offers to buy or sell airline reward tickets. It’s an arena fraught with peril, but that doesn’t mean you can’t score a great deal, especially when it comes to business- and first-class tickets.
http://www.msnbc.com/news/495512.asp

Interesting article. I actually went to one of the internet broker sites. There are several more articles on the website. Including comments about one of our own FT'ers
http://www.awardtraveler.com/pg11.htm

Understand this: airlines are always actively putting these guys out of business. The first requirement for settling out-of-court? The airlines want the customer list. They then set up watchdogs on all the accounts listed and watch for "unusual" award redemption paterns. A one-off is usually undetected, but multiple sales is asking for trouble. BTW, I know many, many, many frequent flyers who have had their accounts frozen. There is a risk, don't let anyone tell you different.

Thanks for the info Randy! http://www.flyertalk.com/forum/smile.gif