HUNDREDS of Taylor Swift fans have lost an estimated £1million to ticket fraudsters, a bank warns.
More than 600 Lloyds Bank customers have come forward so far to report being scammed in the run-up to the pop star's Eras Tour, which hits the UK in June.
The average amount lost by each victim was £332, though in some cases the loss was as much as over £1,000.
Lloyds estimates that across the UK there are likely to have been at least 3,000 victims since tickets went on sale last July, with over £1m lost to fraudsters so far.
The bank found more than 90% of reported cases started with fake adverts or posts on Facebook.
Dozens of unofficial groups, many with tens of thousands of members, have been set up specifically for people looking to buy and sell tickets for Taylor's concerts.
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