- TSB fraud victims lose almost £1 million to holiday fraud in just two years
- Flight bookings are one of the most common cases of fraud, with TSB’s customers losing an average of £3,200 where these frauds occur
- Over half of all holiday-related fraud took place on social media in 2022
- TSB recorded 239 percent spike in cases that occurred on social media
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Rebecca Kinghorn, Communications Manager, 07825 728 965, firstname.lastname@example.org
Joseph Eyre, Senior Media Relations Manager, 07483 432 546, email@example.com
Notes to editors
- Where possible, book direct – many of the scams we’re seeing start on social media platforms. Try, where possible, to book directly from the vendor.
- If it looks too good to be true, it probably is – it’s always exciting to find a bargain but you should remain cautious, especially because not all adverts that appear on social media platforms are checking for legitimacy. If something looks a lot cheaper than you had expected or is available last minute, it may be a scam.
- Don’t be pressured – often scammers will try to rush you to make a booking, suggesting that the price will go up soon or the accommodation is likely to sell out soon.
- Stick to reputable sites and check reviews – Doing your research before making a booking can be key to staying safe from scams.
- Use your card and a payment platform – Never agree to pay in an unusual way, such as a money transfer; stick to using your card and recognised payment platforms because you’ll have more protection.