The testimonies in this #BoycottEquityBank hashtag are shocking and make one wonder if there is a regulator in this country.
The equity fraud cases are rampant and need to be addressed with a full investigation, money refunded, and arrests made.
Equity Bank has, however, given recommendations to its clients. However, the cases portray more of an inside job than outsiders attacking the bank.
Since then, Equity Bank has told people who use their app to do business to avoid using public WiFi.
The bank specified several don’ts that its consumers should follow in order to ward off scammers in a letter sent to its customers.
Do not provide personal information to anybody, including your account number, card or CW number, ID number, date of birth, etc., the bank said. Never reveal your pin, password, or OTP to anybody, not even your friends or family. Never converse with scammers through the phone or SMS. Equity will only call you at 0763 000 000.
In addition, the banking service provider advised its consumers not to hand over their phones, laptops, or computers to random people, including those who claimed to be from telcos.
Equity admitted hearing client concerns about fraud but reassured them that they were taking steps to keep the bank a secure and safe place to do business.
To any @KeEquityBank account holder out there, it’s imperative that you take note of the fraudulent activities in this institution. Sadly, they have no iota of remorse. As a matter of fact, They are overly above the law.Don’t be an addition to the list. #BoycottEquityBank pic.twitter.com/Kd7QBkZDHg
— T o n n y W. N j o r o g e (@TonnyLegal) February 3, 2023
Case no 1 with Equity. They should have just reimbursed one lady who had a daughter attending Kenyatta University her 200k. They swept it clean. We wouldn’t be here.#BoycottEquityBank pic.twitter.com/1QLO5rixeD
— Kimuzi (@Kimuzi_) February 3, 2023
More sad stories. #BoycottEquityBank pic.twitter.com/CPyK6qwaVN
— Kimuzi (@Kimuzi_) February 8, 2023
This will soon get their attention#BoycottEquityBank https://t.co/w0AAOc5sGY pic.twitter.com/Tc2mJoCM8L
— Oba (@Kiarago_Migwi) February 3, 2023
Equity bank is messing up families out there. The untold stories. Just look at this. A whole whooping 1.3m. This is heartbreaking 💔 #BoycottEquityBank pic.twitter.com/7T0w4ciGrJ
— Kimuzi (@Kimuzi_) February 8, 2023
It’s not only in Kenya, Equity bank inafagia adi DRC Congo. Today it might not be you, but what about tomorrow?#BoycottEquityBank pic.twitter.com/tOevwzkjxF
— Kimuzi (@Kimuzi_) February 8, 2023
#BoycottEquityBank it’s internal frauds…..
Naivasha pic.twitter.com/AghmTlhGya— David Mulwa (@IsrealWisdom7) February 8, 2023
#BoycottEquityBank More victims are coming out. @njorogep enough is enough. Stop applying make-up and act. pic.twitter.com/XprFeeU73p
— Cyprian, Is Nyakundi (@C_NyaKundiH) February 8, 2023
Should we relaunch this campaign? There is nothing being done at all. Equity bank still frustrating its customers. pic.twitter.com/96jmfkRtaR
— Kimuzi (@Kimuzi_) February 8, 2023