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 shows like Oasis, Taylor Swift, and Adele residency events, where legitimate tickets already command premium prices.

How to Avoid Ticket Scams:

1. Purchase only from authorized sellers:

• Venue box office
• Ticketmaster
• Official authorized resellers

2. Watch for red flags:

• Suspiciously low prices
• Requests for bank transfers
• Urgency in completing the sale
• Sold-out event "deals"

3. Use secure payment methods:

• Credit cards (preferred)
• Debit cards
• Never use bank transfers, wire transfers, or money transfer services

Scammers typically post fake tickets in two waves: during initial ticket release and close to the event date. Facebook Marketplace explicitly prohibits ticket selling, yet fraudulent listings continue to appear, highlighting the need for stronger platform enforcement.

Remember: If a ticket deal seems too good to be true, it probably is. Always verify the seller's legitimacy and use secure payment methods that offer buyer protection.

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