Yape is a legitimate financial service backed by major banks, and money within the app represents real-world funds that cannot be generated for free. ⚠️ The Danger of "Unlimited Money" APKs

To function, a fake Yape app often asks for your real Yape phone number and password. When you enter this information, it is sent directly to the hacker's server. They can then access your real Yape account and drain your actual funds.

Worse: someone had used his digital identity to request loans in his name.