Taylor Swift fans are being urged to avoid a cruel summer as mean ticket fraudsters take advantage of demand for the star’s Eras tour to con thousands of would-be concert-goers.
One of Britain’s biggest banking groups, Lloyds, said: “Fans of Taylor Swift are being targeted by a wave of concert ticket scams flooding social media.”
As the scammer gonna scam, Lloyds said that British fans are estimated to have lost more than £1 million since tickets for the UK dates went on sale.
The bank said: “Thousands have fallen victim, losing an average of £332 each. Those aged 25 to 34 are most likely to be targeted by fraudsters.”
And as Swifties gear up for the 34-year-old singer-songwriter to tour here for the first time in six years, Lloyds added: “Ninety per cent of the reported concert ticket scams started on Facebook.
“Analysis by Lloyds Bank of scam reports made by its own customers found a surge in fraud cases from those buying tickets for the star’s upcoming – and sold out – Eras tour.
“Since tickets went on sale in July last year, more than 600 customers have come forward to report being scammed, significantly more than for any other music artist.
“The average amount lost by each victim was £332, though in some cases it was more than £1,000.
“As these figures are based solely on Lloyds Bank’s own customer data, it estimates that across the UK there are likely to have been at least 3,000 victims since tickets went on sale, with over £1 million being lost to fraudsters so far.
“More than 90 per cent of reported cases start with fake adverts or posts on Facebook, which includes Facebook Marketplace.
“A search of Facebook revealed dozens of unofficial groups have been set up, many with tens of thousands of members, specifically for people looking to buy and sell tickets for Taylor Swift concerts.
“Likewise, Facebook Marketplace has various listings for tickets at venues all over the country.
“With all UK dates now sold out, many more fans are likely to fall victim to ticket scams in the coming weeks and months, both leading up to the tour and once the concerts begin in June.
“Lloyds Bank also looked more broadly at trends in concert ticket scams. It found that the number of reported scam cases relating to concert tickets more than doubled last summer compared with the same period a year earlier – up by 158 per cent.
“Among the other major artists most commonly targeted last summer were Coldplay, Harry Styles and Beyonce. Across all concert ticket scams victims were losing £133 on average.
“Purchase scams happen when someone is tricked into sending money via bank transfer (also known as a Faster Payment) to buy goods or services that don’t exist.
“Ticket scams usually involve fake adverts, posts or listings on social media, offering tickets at discounted prices – or access to events which have already sold out – at inflated prices.
“Victims are asked to pay upfront for the tickets but, once the payment is made, the scammers disappear. This leaves the buyer without the tickets and out of pocket.
“When tickets for an event are scarce, fraudsters know they can cash in on desperate fans willing to pay much more by falsely claiming to have tickets for sale.
“There are often two waves of fraud – the first when tickets go on sale and the second around the time an event takes place.”
Lloyds fraud prevention director Liz Ziegler said: “For her legion of dedicated Swifties, the excitement is building ahead of Taylor’s Eras tour finally touching down in the UK this summer.
“However cruel fraudsters have wasted no time in targeting her most loyal fans as they rush to pick up tickets for her must-see concerts.
“It’s easy to let our emotions get the better of us when we find out our favourite artist is going to be performing live but it’s important not to let those feelings cloud our judgement when trying to get hold of tickets.
“Buying directly from reputable, authorised platforms is the only way to guarantee you’re paying for a genuine ticket. Even then, always pay by debit or credit card for the greatest protection.
“If you’re being asked to pay by bank transfer, particularly from a seller you’ve found on social media, that should immediately set alarm bells ringing.”
Lloyds said: “Buy from trusted retailers – only purchase tickets from well-known, official ticket-selling or reselling platforms. Take extra precautions when buying tickets from third-party sellers.
“Be cautious on social media – you don’t know if the user profile or tickets are genuine. It’s easy for fraudsters to create fake ads including pictures of real tickets.
“Avoid deals that look too good to be true – tickets for sale at low prices or for sold-out events should ring alarm bells. Ask yourself if the deal seems realistic.
“Pay with your debit or credit card – this helps to protect your money should something go wrong. PayPal is another option that’s usually safer than paying by bank transfer.”
