On April 17, British Lloyds Bank said that thousands of fans of singer Taylor Swift in this country have become victims of many music ticket scams for The Eras Tour here at the end of the year. this year.

Taylor Swift at the first show of The Eras Tour in Singapore – Photo: TAS

According to a recent report by Lloyds Bank, since July last year, at least 3,000 individuals have been duped into buying fake tickets, resulting in losses of more than £1 million ($1.24 million). ).

On average, each victim was scammed out of 332 pounds (413 USD), and in some cases, the amount of money scammed was more than 1,000 pounds (1,243 USD).

Victims are often approached through fake ads or posts on social networks, with 90% of reported cases looking to buy tickets via Facebook.

The report says scams often take advantage of the psychology of Swifties ( Taylor Swift fans ) when selling discounted tickets or at “sold out” shows at higher prices.

Taylor Swift chose Singapore partly because this is where her mother lived as a child, this place has her childhood memories – Photo: Getty Images

Accordingly, the victim is asked to pay for the ticket in advance, but after payment is completed, the scammers will disappear. “Money is lost”, fans both don’t have tickets to see the concert and also lose money.

Lloyds Bank fraud director Liz Ziegler advises consumers to be cautious, especially when asked to pay via bank transfer from individuals reselling tickets.

She also recommends only purchasing tickets from reputable and authorized platforms using debit or credit cards for added protection against fraud.

According to Lloyds statistics, the number of scams related to buying and selling tickets to music performances has increased by 158% since last summer, including on tours by famous artists. like Beyonce, Coldplay and Harry Styles.