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 group, representing 31% of fraud reports. Scammers particularly focus on high-profile shows like Oasis, Taylor Swift, and Adele's residency, where legitimate tickets already sell for thousands.

Key Ways to Avoid Ticket Scams:

• Purchase only from official sources like venues and authorized sellers like Ticketmaster
• Be suspicious of deals that seem too good to be true
• Never pay via bank transfer, wire transfer, Western Union, or MoneyGram
• Use credit cards for better fraud protection
• Avoid Facebook Marketplace ticket listings, as ticket selling violates their commerce policy

Scammers typically operate in two waves: when tickets first go on sale and as the event date approaches. They create fake advertisements and often target sold-out events, tricking fans into sending money for non-existent tickets via bank transfers.

Despite Facebook Marketplace's policy prohibiting ticket sales, many scams continue to slip through, highlighting the need for stronger platform enforcement against fraudulent listings.

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