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Waterloo Regional Police have issued a warning after a 28-year-old Kitchener woman was bilked out of $700 while trying to purchase Toronto Raptors tickets online.

Police say the victim transferred $700 to a phoney seller but never received the tickets.

They say the person tried to contact the scammer several times before eventually calling police over the matter.

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Police say they have received several reports in the past over fake concert tickets.

With Raptors tickets going for over $600 at the low end, police are warning that if a deal seems too good to be true, it likely is.

Police also advise ticket buyers to make their purchases from a reputable website or an official site.

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They are also warning the public that tickets purchased in person could be phoney as well.

For more info, police are suggesting citizens visit the Canadian Anti-Fraud Centre website.