Stock Market News

HSBC UK warns of Glastonbury ticket scams as sales near

2023.11.17 09:06


© Reuters.

LONDON – As the highly anticipated Glastonbury Festival ticket sales approach, HSBC UK is alerting music fans to the increasing threat posed by scammers. The bank’s fraud prevention experts are emphasizing vigilance amongst festival-goers, highlighting a worrying trend of significant financial losses due to fraudulent ticket sales. David Callington, head of fraud at HSBC UK, has noted that victims of such scams have recently been defrauded of an average of £894 each.

HSBC UK has observed a surge in scam activity around high-demand events like Glastonbury, with scammers often targeting fans through social media and online marketplaces by offering fake tickets at deceptively low prices. These criminals typically vanish after receiving payment via bank transfer, leaving buyers without tickets and out of pocket. To combat this, HSBC is advising customers to only make purchases through official sellers or reputable fan websites.

The bank’s dedicated fraud awareness app provides current warnings about such scams and is available for both Android and iOS users. In addition to the app, HSBC recommends that consumers consult their phishing and social media scams page for the latest scam alerts. With the release of Glastonbury tickets imminent for those who have pre-registered, set for 9 am, HSBC’s guidance is timely and critical. They strongly caution against making payments through bank transfers and suggest keeping transaction receipts as a safety measure.

Callington has warned festival-goers to steer clear of unofficial ticket sources and to be particularly cautious of potentially harmful links circulated via social media or email. HSBC’s expert teams are actively monitoring for suspicious transactions in an effort to thwart these fraud attempts and protect consumers from financial harm.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 84,683.69 4.96%
ethereum
Ethereum (ETH) $ 2,312.78 7.28%
tether
Tether (USDT) $ 0.99908 0.02%
xrp
XRP (XRP) $ 2.18 5.85%
bnb
BNB (BNB) $ 609.50 3.30%
solana
Solana (SOL) $ 137.54 4.52%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.204935 3.72%
cardano
Cardano (ADA) $ 0.653746 5.50%
staked-ether
Lido Staked Ether (STETH) $ 2,314.49 7.02%
tron
TRON (TRX) $ 0.226717 1.56%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,624.67 4.85%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,761.75 7.06%
chainlink
Chainlink (LINK) $ 15.15 1.92%
litecoin
Litecoin (LTC) $ 122.31 2.76%
avalanche-2
Avalanche (AVAX) $ 22.18 0.54%
sui
Sui (SUI) $ 2.89 6.01%
stellar
Stellar (XLM) $ 0.285986 3.72%
the-open-network
Toncoin (TON) $ 3.46 4.26%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 0.06%
leo-token
LEO Token (LEO) $ 9.08 0.50%
hedera-hashgraph
Hedera (HBAR) $ 0.19702 1.25%
usds
USDS (USDS) $ 1.00 0.05%
polkadot
Polkadot (DOT) $ 4.83 2.18%
mantra-dao
MANTRA (OM) $ 7.19 5.83%
weth
WETH (WETH) $ 2,312.62 7.20%
hyperliquid
Hyperliquid (HYPE) $ 20.06 4.61%
ethena-usde
Ethena USDe (USDE) $ 0.999007 0.01%
bitcoin-cash
Bitcoin Cash (BCH) $ 294.36 0.80%
uniswap
Uniswap (UNI) $ 7.98 5.49%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,453.37 7.11%
bitget-token
Bitget Token (BGB) $ 3.95 10.22%
monero
Monero (XMR) $ 214.46 2.20%
whitebit
WhiteBIT Coin (WBT) $ 26.32 2.12%
aptos
Aptos (APT) $ 6.22 10.47%
near
NEAR Protocol (NEAR) $ 3.05 1.22%
pepe
Pepe (PEPE) $ 0.000008 0.11%
dai
Dai (DAI) $ 0.999966 0.05%
internet-computer
Internet Computer (ICP) $ 6.47 0.35%
ondo-finance
Ondo (ONDO) $ 0.986173 1.99%
aave
Aave (AAVE) $ 203.35 2.42%
bittensor
Bittensor (TAO) $ 358.05 6.61%
susds
sUSDS (SUSDS) $ 1.04 0.01%
ethereum-classic
Ethereum Classic (ETC) $ 18.81 1.52%
okb
OKB (OKB) $ 45.28 3.66%
gatechain-token
Gate (GT) $ 21.30 4.37%
official-trump
Official Trump (TRUMP) $ 13.23 0.86%
mantle
Mantle (MNT) $ 0.755172 6.33%
tokenize-xchange
Tokenize Xchange (TKX) $ 30.30 8.46%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,740.70 4.81%