Lloyds Bank has issued a stark warning to all customers as many people lose out on around £110 on average.
Lloyds said scams relating to concert tickets surged by more than 500% over the last year, with demand to attend live events soaring in the aftermath of the pandemic.
The banking giant added that the number of scams reported by those attempting to buy music festival tickets also more than doubled, up by 128% over the last 12 months compared to the previous year.
