TSB has revealed that Oasis fans have been hit hardest by ticket fraud in 2024, with losses significantly exceeding those suffered by Taylor Swift fans.
The bank’s analysis compared 15 UK Taylor Swift concerts with 15 UK Oasis shows this summer, uncovering a stark difference in the scale of scams targeting fans of each act.
The findings show that Oasis fans were 107% more likely to lose money to fraudsters than Swifties, with 78% more cases reported. Fraudsters cashed in on Oasis ticket sales, with fans losing an average of £318 per ticket – more than £240 above the original price. By contrast, Taylor Swift fans lost £219 on average, around £108 over face value.
Most of the scams originated on social media platforms, according to TSB’s customer data. Facebook accounted for two-thirds (66%) of all cases, followed by X at 19%, Instagram at 5%, Snapchat at 4%, and TikTok at 4%. The bank has warned fans to be especially vigilant when purchasing tickets online, as fraudsters exploit excitement around major events to lure victims.
A Censuswide survey of 2,000 adults, commissioned by TSB, found that nearly three-fifths (58%) of concertgoers admitted they would consider buying tickets from unofficial sources. Sold-out shows were cited by 26% as the main reason, while 20% would buy from social media if prices were lower than official outlets.
Younger music fans appear to be the most vulnerable, with 22% of 16–34-year-olds saying they had fallen victim to ticket fraud and 35% knowing someone who had. In comparison, only 2% of over-55s reported being scammed, with 82% saying they were unlikely to buy tickets via social media at all.
The study also revealed that 41% of those scammed paid for tickets that never arrived, while 39% were turned away at venues after presenting fake or invalid tickets. A further 35% lost money through fraudulent payment links or websites, and 20% were charged more than the agreed amount.
TSB director of fraud prevention Richard Daniels said: “Scammers are banking on the excitement of fans for any major concert or event – and preying on our desperation to see favourite acts.
“We recommend that fans stick to official ticketing platforms and be highly cautious of ticket sales on social media platforms.”
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