Thousands of Oasis fans have fallen victim to scams while attempting to unofficially purchase tickets for the British band's sold out reunion concerts.

When British rock band Oasis announced last August that they would be going on a long-awaited reunion tour after 15 years of a bitter break-up, fans of the iconic group rejoiced.

When tickets for the concerts in Manchester, Cardiff, London, and Dublin went on sale on August 31, they almost instantly sold out. Demand was so high that the websites handling official ticket sales even crashed temporarily.

On the very same day, tickets started appearing on other websites for hundreds or even thousands of euros. Soon after, more and more cases of fraud involving the sale of counterfeit tickets on social media were reported. British bank Lloyds alone recorded around 1,000 victims among its customers. On average, these individuals lost 436 pounds (around 510 euros), and in one case, the loss amounted to 1,700 pounds (close to 2,000 euros).

According to the bank, since ticket sales began, at least 5,000 people are believed to have fallen victim to scams involving fake tickets.

9 out of 10 fraud victims bought the fake tickets on platforms owned by the Meta group, with the majority doing it through Facebook.