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Cost of living crisis could prompt uptick in holiday fraud, agents warned

Operators
James Chapple
16 November 2022

The cost of living crisis is likely to drive an uptick in travel and holiday fraud next year, agents have been warned.

SEPTEMBER

At least two TTNG members have been scammed in recent weeks, the consortium said (Credit: iStock)

Speaking at the Jet2holidays conference on Wednesday (16 November), the operator’s fraud and chargeback manager Liz Holloway said hard-up consumers were likely to be more susceptible to "too good to be true" offers over the coming months.

Holloway said fraudsters would look, in particular, to "exploit" smaller businesses that have less fraud prevention infrastructure. She highlighted several key trends agents should be vigilant to, including an increase in fraudulent bookings being made over the phone rather than online.