Social media platforms facilitate 90% of ticket scams, with Facebook Marketplace being the primary source, according to a new Lloyds Bank report. The study reveals that Oasis Live '25 tickets account for 70% of all reported concert ticket scams since August 27, with victims losing an average of £346 ($450).

Adults aged 35-44 are the most targeted demographic, representing 31% of fraud reports. Scammers particularly focus on high-profile events like Oasis, Taylor Swift, and Adele concerts, where legitimate tickets already command premium prices.

How to Avoid Ticket Scams:

• Purchase only from authorized sellers like venues and Ticketmaster
• Avoid deals that seem too good to be true
• Use credit cards for payment - never use bank transfers, wire transfers, or money transfer services
• Be especially cautious around ticket release dates and near event dates
• Remember that selling tickets on Facebook Marketplace violates their commerce policy

Liz Ziegler, Fraud Prevention Director at Lloyds, emphasizes that scammers quickly target eager fans, particularly through social media platforms. Any seller requesting payment through bank transfer should be considered a red flag.

These scams typically involve fake advertisements, social media listings, and tickets offered at suspicious discounts, with fraudsters particularly targeting sold-out events where desperate fans are more likely to take risks.

Related Articles

Previous Articles