Lloyds warns customers whose bank account has hit balance of £1,000

Lloyds has warned fans of Oasis are being targeted by a landslide of ticket scams on social media. Victims have lost an average of £346, with some cases reaching as high as £1,000. Those aged 35 – 44 years old were most likely to be targeted by the ticket fraudsters, making up almost a third (31%) of all cases.

Over 90% of reported cases started with fake adverts or posts on social media, with the vast majority originating on Facebook, which includes Facebook Marketplace. Liz Ziegler, Fraud Prevention Director, Lloyds, said: “Predictably fraudsters wasted no time in targeting loyal Oasis fans as they scrambled to pick up tickets for next year’s must-see reunion tour.

“The fact that so many cases start with fake listings on social media, often in violation of the platforms’ own rules, underscores the importance of these companies taking stronger action to tackle scams. Buying directly from reputable, authorised platforms is the only way to guarantee you’re paying for a genuine ticket. If you’re asked to pay via bank transfer, particularly by a seller you’ve found on social media, that should immediately set alarm bells ringing.”

READ MORE Martin Lewis addresses university tuition fee hike and says 'to be really clear'

Lloyds warned: "Stick to trusted retailers – Always purchase tickets from reputable, official ticket-selling (or reselling) platforms. Exercise caution when dealing with third-party sellers. Be cautious on social media – Remember that you can’t always verify if a user profile or ticket listing is genuine. Fraudsters can easily create fake ads, even using images of real tickets.

"Avoid deals that look too good to be true – If a ticket is being sold at an unusually low price or for a sold-out event, it’s a red flag. Always ask yourself if the deal seems realistic. Use a secure payment method – Pay with your debit or credit card, as this provides more protection for your money. PayPal is also a safer alternative compared to bank transfers."