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