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More than £240,000 lost to sports ticket scams this year so far, says bank

by Vicky Shaw
November 29, 2024
in Finance
Reading Time: 3 mins read
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Almost 1 / 4 of one million kilos (£243,000) was misplaced to sports activities ticket scams between January and September this 12 months, in keeping with a significant financial institution’s information.

A 3rd (33%) of this quantity, totalling £80,491, was misplaced by followers aged 19 to 34, Santander stated.

Folks on this age group made up 84% of circumstances by quantity, in keeping with the financial institution’s figures.

Criminals could ship faux tickets, or provide tickets that don’t exist. Gross sales are sometimes marketed on social media or by means of faux web sites, the financial institution stated.

Soccer-related scams made up over half (52%) or £127,544 of the losses in the course of the interval checked out by Santander.

Nevertheless, motorsports followers misplaced the most important quantities on common, at £3,851, adopted by golf followers who misplaced £860 sometimes.

General, the common loss per sports activities ticket rip-off has risen sharply, climbing to £352 this 12 months from £225 in 2023, Santander stated.

A fast examine may very well be the distinction between cheering within the stands or being left on the bench, out of pocket and out of luck

Chris Ainsley, Santander

Chris Ainsley, head of fraud danger administration at Santander stated: “Scammers know how one can exploit the thrill round huge video games. Don’t allow them to rating at your expense.

“A fast examine may very well be the distinction between cheering within the stands or being left on the bench, out of pocket and out of luck.”

Listed here are some suggestions from Santander to keep away from ticket scams: 

1. Purchase tickets from reliable official sellers and web sites.

2. If tickets are offered out, don’t permit the thrill of the second to push you into shopping for from a non-legitimate supply.

3. Keep away from paying by financial institution switch or PayPal family and friends if you’re shopping for a resale ticket from somebody aside from official sellers or web sites.

4. Be certain the web site you might be shopping for from is safe. When shopping for on-line, examine the fee pages by searching for the padlock image within the handle bar. The web site ought to begin with “https”.

5. Fraudsters could provide tickets to fashionable occasions which have offered out or ask for a lower cost than anticipated. Don’t forget that if one thing appears too good to be true, it most likely is.



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Tags: BanklostscamssportsTicketyear
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