Music fans have been warned not to buy gig tickets on Facebook because fraudsters are using profiles on the site to steal thousands of pounds.
Details of the scams come two weeks after Times Money revealed that £4.5 million has been stolen since April by fraudulent investment schemes that advertised on the website using celebrity names. Facebook promised to launch a dedicated scam-reporting button for users, but not until May.
Fraudsters are blitzing the fan pages of pop stars with messages claiming that they have tickets for gigs and asking those interested to send them direct messages. Once a user sends money for the tickets to an account online, the scammers disappear.
Although fraudulent profiles have been reported to Facebook by several scam victims, many