Scams over concert tickets for sale have surged by more than 500% over the last year - according to Lloyds Bank. The banking giant has issued a stark warning to all customers as many people lose out on around £110 on average.
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, it says.
Over the last year, Harry Styles, Lewis Capaldi, Reading and Wireless were among the most common artists and festivals being targeted, based on ticket scams reported by Lloyds Banking Group customers, according to The Echo. Ticket scams usually involve fake websites, social media posts or emails offering tickets at discounted prices, or access to events which have already sold out at inflated prices. Victims are asked to pay upfront for the tickets, but once the payment is made, the scammers disappear, leaving the buyer without the tickets and out of pocket.
