Bleeding Edge is fairly respectable site. Some blog sites I would not automatically trust who published a tale such as this. I will give Bleeding Edge the benefit of the doubt and immediately link here to the brief article about Australian and world wide Olympic Games ticket buyers being fleeced. If this is true, it is extraordinary. If you have heard the basic info, you only need read the last paragraph, which I will just paste below.
But the real question is this - how can it have taken so long for Aussie consumers to get notified that they need to cancel their holidays because they don't have tickets? The Washington Post run an article on this scam site way back in February, and it was 2 weeks ago that the IOC and USOC filed suit against the companies involved. If the Australian authorities had at least taken action then, those caught up in this would have had time to make other plans - but now it's too little, too late for Australian consumers.