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Monday, October 5, 2026
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UK Scam Losses Jump Over 400% as Account Hijackers Sell Fake Tickets

Stolen social media and email accounts are being used to sell fake event tickets to friends and family, driving a sharp rise in reported losses.
Economy & Markets · October 5, 2026 · 2 hours ago · 3 min read · AI Summary · Business | The Guardian
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Single-source rewrite; limited independent verification

UK scammers hijacking email and social media accounts have stolen over 400% more money in a year, according to official data. Many cases involve criminals using other people’s identities to sell fake event tickets to friends and family.

The fraud typically begins when criminals gain access to a victim’s account and then impersonate them to request payments for goods such as sold-out event tickets. Official figures show the total amount stolen through this method has risen sharply, with friends and family of victims often the targeted buyers.

Key Facts

  • Stolen amounts from account hijacking rose over 400% in a year, 400%.
  • Scammers hijack social media and email accounts to impersonate victims.
  • Fraudsters sell fake event tickets, including sold-out gigs, to friends and family.
  • Friends and family of victims are common targets for purchasing the fake goods.
  • Data comes from official UK sources.

The Story

How did account hijacking escalate so quickly?

The rapid growth in stolen amounts reflects both wider adoption of online ticketing and increased sophistication among fraudsters. Rather than creating new fake profiles, criminals now exploit existing trusted accounts, making their requests appear legitimate to personal contacts. This trust-based approach increases the likelihood that victims will pay for non-existent tickets.

Official UK data tracks reported losses from these incidents, though the actual scale may be larger because not all cases are reported. The rise coincides with growing digital interactions around events and entertainment, giving scammers more opportunities to exploit social connections.

Who is affected by the scam?

Victims include the original account holders whose credentials are compromised, as well as their friends and family who are tricked into buying fake tickets. Because the impersonation uses familiar names and histories, targets often lower their guard when asked to transfer money for event access.

The financial impact extends beyond individual losses, as stolen funds are typically funneled through anonymous payment methods and quickly moved, making recovery difficult. Police and fraud prevention agencies continue to warn users to verify requests for payments, especially for high-demand events.

What happens next?

Investigations into the source of these hijacking campaigns are ongoing, with authorities expected to issue further guidance on protecting account credentials. Meanwhile, event organizers and ticketing platforms face pressure to strengthen verification processes to prevent resales of fraudulent listings.

What We Know — and What We Don’t

Verified by the source:

  • Stolen amounts from account hijacking rose over 400% in a year.
  • Scammers use hijacked accounts to sell fake event tickets.
  • Targets include friends and family of compromised account holders.

Still unconfirmed:

  • The exact time period and baseline figures behind the 400% increase.
  • The number of individual victims or cases involved.
  • The specific law enforcement or fraud prevention response planned.

Why It Matters

As online interactions become central to purchasing event tickets, trust-based fraud like account hijacking threatens both personal finances and confidence in digital commerce across the economy and markets.

What To Watch

Official guidance on account security is expected as authorities respond to the rising losses. Updates from UK fraud prevention bodies may clarify the scope of the problem in coming weeks.

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