The bank urged people to be cautious when buying tickets for major events and to buy tickets directly from clubs or official ticket partners.
England's women's team won the Euros on Sunday, but before the game fans were warned of scam ticketsThere has been a surge in football ticket scams ahead of the start of the new season, according to Lloyds Bank.
Analysis conducted by the bank suggests reported cases of ticket scams relating to football increased by more than two-thirds, or 68%, between January and June this year, compared to July to December 2021.The figures were based on the analysis of purchase scams reported by the bank's customers. Lloyds said fraudsters have exploited the demand of people wanting to attend live events after the coronavirus pandemic and added it has seen an increase in purchase scams targeting concert tickets as well as sporting events.Top-level football in particular has been a fruitful avenue of revenue for the scammers, who take advantage of fans' desperation to watch their teams, knowing many matches will be sold out, the bank said.
The bank added that scams happen when people are tricked into sending money from their bank account to fraudsters online and once the money has been transferred, the scammer disappears and the victim receives nothing. Lloyds said it is important to remember fraudsters will target any major event where demand is likely to exceed supply.
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