Fake ticket scams on Facebook and Twitter are booming: Big banks issue urgent warning

Logo Daily MailDaily Mail
2023-09-05 22:05:15  • 4 mins

Bogus posts on Facebook and other social media platforms are causing a massive surge in people being conned by ticket scams, Money Mail can reveal.

The number of this type of con-trick reported to Santander in the first seven months of 2023 has more than doubled compared with a year ago soaring by 144 per cent, according to data passed to Money Mail from the bank.

The average victim who bought fake tickets lost 107, and two-thirds of all ticket scams originated on social media sites, Santander warns.

Separate data from TSB also shows that more than half of all ticket scams start on Facebook.

Meanwhile, 38 per cent of TSBs customers who reported having lost money to scams say they heard about the tickets on Twitter. That is followed by Instagram, WhatsApp and Snapchat.

The two banks are warning that scammers are using social media to prey on fans hoping to see their favourite band, football team, performance or festival by luring them into sending money with the promise of tickets that either dont exist or are never sent out.

Continue read on dailymail.co.uk

A group of 50 Real Madrid fans have been 'scammed out of 70,000' by a man claiming to represent a supporters' club. Reports in Spanish outletCadena SER claim...
Logo Daily MailDaily Mail
2023-09-29 16:07:34  • 1 min
The momentum behind organizations that aim to combat online falsehoods has started to taper off. After President Biden won the election nearly three years...
Logo The New York TimesThe New York Times
2023-09-29 09:01:03  • 2 mins
Car and van scams surged 74 per cent in the first half of 2023 with victims losing 998 on average in vehicle-related scams, according to new research from...
Logo Daily MailDaily Mail
2023-09-26 10:07:31  • 1 min
Picasa/Jarretera - stock.adobe.com WASHINGTON The Financial Crimes Enforcement Network announced Friday a $15 million civil penalty against New York...
Logo American BankerAmerican Banker
2023-09-29 21:12:13  • 1 min
In an economy where prices for just about everything are soaring, people are seeking out money hacks that to keep more cash in their wallets. Some...
Logo NasdaqNasdaq
2023-09-29 17:26:43  • 1 min
If I turn off my phone, they dont exist, the West Ham defender Hawa Cissoko says of the racist online trolls who have bombarded her social media accounts....
Logo The GuardianThe Guardian
2023-09-29 11:00:44  • 1 min
Key Points Chase UK earlier this week put out a notice to customers saying it will no longer allow its customers to purchase cryptocurrencies using its debit...
Logo CNBCCNBC
2023-09-29 11:00:24  • 1 min
Key Points Donald Trump blasted his upcoming New York civil fraud trial and his four pending criminal cases as he asked supporters to donate to his 2024...
Logo CNBCCNBC
2023-09-29 18:54:00  • 1 min
The Wall Street rally that persisted for the first seven months of 2023 has taken a hit in August and September, with market participants expressing...
Logo Investing.comInvesting.com
2023-09-29 17:20:49  • 1 min
In September's roundup of top banking news: Truist Financial promises to cut costs by roughly $750 million, former Wells Fargo exec Carrie Tolstedt is...
Logo American BankerAmerican Banker
2023-09-29 17:05:48  • 1 min
Tickets to Taylor Swift's Eras Tour have been spotted for more than $35,000 on resale sites.
Logo FortuneFortune
2023-09-29 15:42:20  • 1 min
Fool.com contributor Parkev Tatevosian explains why the two digital advertising leaders have a formidable foe in Amazon (NASDAQ: AMZN). *Stock prices used...
Logo NasdaqNasdaq
2023-09-29 19:40:37  • 1 min
A white-collar defense attorney described the upcoming FTX trial as a once in a decade fraud case.
Logo FortuneFortune
2023-09-29 11:00:00  • 1 min
A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on...
Logo U.S. News & World ReportU.S. News & World Report
2023-09-29 15:43:56  • 4 mins
The Federal Trade Commission and 17 U.S. State Attorneys General have filed suit against Amazon.com (NASDAQ: AMZN), accusing the e-commerce giant of unfair...
Logo NasdaqNasdaq
2023-09-29 09:02:00  • 1 min
An armchair house-hunting revolution is under way. Gone are the days when searching for a new home meant an energy-sapping trudge around various estate...
Logo Daily MailDaily Mail
2023-09-29 10:31:20  • 1 min
Elections around the world are facing an evolving threat from foreign actors, one that involves artificial intelligence. Countries trying to influence each...
JP Morgan's UK bank is banning customers from buying cryptocurrencies following a surge in scammers. Chase, an online bank with more than 1.6 million...
Victor Osimhen wants out of Napoli. I don't know if this is clear to everybody else, but I've suspected it for a while, and this week's TikTok fiasco has...
Logo CBS SportsCBS Sports
2023-09-29 11:57:30  • 1 min
Synovus Financial expects to post a charge-off of $23 million on a 10.75% participation in a $218.5 million syndicated credit. The Columbus, Georgia, company...
Logo American BankerAmerican Banker
2023-09-29 16:04:27  • 1 min