Taylor Swift: warning over fake tickets as NAB urges punters to be wary of social media scams

Concern around fake Taylor Swift ticket scams comes as bank reveals $220,000 worth of transactions abandoned daily

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National Australia Bank has warned punters to be on the lookout for scams on social media sites claiming to have tickets to high-profile sold-out concerts such as Taylor Swift in the coming months.

The bank said on Thursday that after alert prompts were introduced into its banking app and online banking site in March warning customers they might be scammed, about $220,000 worth of transactions were abandoned a day. These alerts have since been expanded to cover ticket and marketplace scams.

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