Oasis fans have lost an average of £346 each to ticket scammers, according to Lloyds Bank. Many fans trying to buy tickets for the band’s UK reunion shows next year have fallen victim to scams. Over 90% of these scams started with fake ads or posts on social media. And it appears the Oasis reunion tour payment has been delayed as well.
Between August 27 and September 25, Lloyds Bank received many reports of fraud related to Oasis tickets. The bank believes the number of cases is now much higher. Most of the scams came from Facebook, including Facebook Marketplace, where unofficial groups were set up to sell tickets.
Lloyds Bank said that Oasis-related scams made up 70% of all concert ticket scams during this period. Victims lost an average of £346, and some even lost up to £1,000. People aged 35 to 44 were the most targeted, making up 31% of all cases.
When tickets for Oasis’s 17 UK shows went on sale on August 31, the price of some tickets jumped from £135 to £355, causing complaints. About 50,000 tickets were also canceled because the buyers broke the rules.
The bank also found that on the day tickets went on sale, fans spent an average of £563 per transaction, higher than the £342 spent by fans buying Taylor Swift tickets last year.
Meta, the company that owns Facebook, said it is working to protect users from fraud and encourages people to report suspicious posts. It has also started a program with UK banks to prevent fraud, with more banks joining soon.
