Barclays sends warning to millions of customers who were born after certain date

Barclays has issued a warning for millions of customers who were born after 1989 as they are among the most likely age group to be targeted by scammers

Barclays has issued a warning to customers, stating that those who fall for ticket scams are losing an average of £150. The bank highlighted that Gen-Z adults are particularly susceptible to these scams. Barclays noted that August tends to be one of the peak months for reports of purchase scams.

According to the Barclays Scams Bulletin, 17 percent of Gen-Z adults aged between 18 and 27 admitted they had been duped or pressured into paying for non-existent tickets. This figure is slightly higher than Millennials, aged 28 to 36, born after 1989, at 16 percent.

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Gen-Z adults are also the most likely to know someone who has either been a victim of or targeted by a scam, with 23 percent compared to 19 percent for Millennials and 14 percent across all age groups in the UK.

Kirsty Adams, a fraud and scams expert at Barclays, warned that scammers are “ready to cash in on the hype” surrounding events like the Oasis tour, reports Birmingham Live.

She stated: “Whether it’s a once-in-a-lifetime concert or a sold-out summer sporting event, the rush to grab tickets can cloud judgment, which is why we’re urging fans to pause for thought before they part with their money to avoid falling victim to opportunistic summer scammers.

“Social media platforms and online marketplaces provide a hotbed for these scams to take place.”

Oasis fans will have another opportunity to see the iconic band perform this weekend as they continue their world tour in the capital. The band is set to play seven shows at London Wembley over the coming months.

Liam and Noel Gallagher are set to grace the stage at London’s Wembley for five shows in July and August, with performances scheduled for Friday, July 25, Saturday, July 26, Wednesday, July 30, Saturday, August 2, and Sunday, August 3.

Following an eight-week hiatus, the Oasis duo will then return to the spotlight with gigs in Edinburgh and Dublin, as well as overseas, before wrapping up their tour with two final shows at Wembley on Saturday, September 27 and Sunday, September 28.