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Oasis lovers have jointly misplaced greater than £2m to scams since tickets for its reunion excursion went on sale closing 12 months, a significant financial institution has estimated.
Lloyds Banking Group primarily based the calculation at the quantity of fraud experiences made via its personal consumers. Oasis lovers make up greater than part (56%) of all reported live performance price tag scams up to now this 12 months, consistent with Lloyds’ information, shedding £436 on moderate.
The largest quantity misplaced in one case up to now was once greater than £1,700, suggesting many lovers are keen to pay neatly over face worth, the financial institution mentioned.
The moderate loss to criminals pretending to promote Oasis tickets is ready £200 greater than the common live performance price tag rip-off loss, it added.
People elderly 35 to 44 are the possibly to be scammed, making up just about a 3rd (30%) of all circumstances, experiences to Lloyds point out.
Edinburgh, Warrington and Manchester have the best possible numbers of sufferers of scams, with the highest 10 places total making up 1 / 4 (25%) of circumstances, the banking staff mentioned.
The financial institution discovered there have been greater than 1,000 circumstances reported since lovers’ scramble for tickets began closing summer season.
Based on its proportion of banking consumers, it estimates that throughout the United Kingdom there are probably to had been a minimum of 5,000 sufferers since tickets went on sale, with greater than £2m misplaced to fraudsters.
The research was once in response to live performance price tag acquire scams reported via Lloyds Banking Group consumers, together with consumers of Lloyds Bank, Halifax and Bank of Scotland, the place Oasis was once referenced as a part of the declare, between August 2024 and March 2025.
In a caution about the place many scams are originating, the financial institution highlighted unofficial teams arrange on social media, devoted to shopping for and promoting tickets for the Oasis excursion.
Purchase scams occur when any individual is tricked into sending cash by means of financial institution switch to shop for items or services and products that don’t exist.
Lloyds mentioned price tag scams frequently concerned pretend ads, posts or listings on social media, providing tickets at discounted costs, or get admission to to occasions that experience already offered out at inflated costs.
Fraudsters will even exploit lovers’ willingness to pay extra for scarce tickets via falsely claiming to have them to be had.
Victims are requested to pay in advance for the tickets and scammers vanish after receiving the cash.
Scams frequently occur in two waves – the primary when tickets are launched on the market, and once more as the development date approaches.
Liz Ziegler, fraud prevention director at Lloyds, mentioned: “The Oasis tour is the latest target for ticket scammers, with millions of pounds of fans’ money stolen before the gigs even kick off.
“The fact that so many cases start with fake listings on social media, often in violation of the platforms’ own rules, underscores the importance of these companies taking stronger action to tackle scams.
“It’s vital that consumers feel empowered to shop safely online. Buying directly from reputable, authorised retailers is the only way to guarantee you’re paying for a genuine ticket.
“If you’re asked to pay via bank transfer, particularly by a seller you’ve found on social media, that should immediately set alarm bells ringing.”
Lisa Webb, a shopper regulation skilled at Which?, mentioned: “Scammers are always looking for new ways to part people from their hard-earned cash and unfortunately, Oasis tickets being in such high demand has created a perfect storm for criminals.”
She added: “If you spot any suspicious posts, you can report them to the social media platform and the National Cyber Security Centre to investigate.”
Guy Anker, non-public finance skilled at site Compare the Market, mentioned: “With big-name tours generating huge demand, it’s important to remain vigilant to potential scams. When tickets are hard to come by, it can be tempting to buy from unofficial sources, but this often leads to disappointment and can cause significant financial loss.
“To help protect yourself, always try to book through trusted platforms, and consider using a credit card, which can sometimes offer extra protection under Section 75 if something goes wrong.”
If any individual makes use of their bank card to make a purchase order, the transaction may well be lined beneath Section 75 of the Consumer Credit Act, which permits other folks to lift a declare with their lender if one thing is going mistaken.
