Fraudsters have developed fake versions of the Nequi app that look identical to the real one. These apps can simulate successful payments, complete with fake receipts, to trick merchants into handing over goods.
One of the most common tactics is the "phantom interest" or "fake loan" scam. In this scenario, fraudsters impersonate Nequi representatives on social media platforms like Facebook or Instagram, offering attractive low-interest loans. They ask victims for a "validation code" or a small advance payment to release the funds. Unbeknownst to the victim, this code is actually a reset key for their account, or the "advance payment" vanishes instantly, leaving the victim with an empty wallet and no loan. nequi+fraud