Identifying and Preventing the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is focused on helping members in the credit unions of Wyoming stay safe. From scam emails to fake loan offers and misleading tech support calls, scammers are getting increasingly cunning. Here’s how to shield yourself from these common traps.

Spot Common Scam Tactics

Scammers often impersonate as financial institutions, like banks or credit unions, requesting personal information. They might use official-sounding language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never ask sensitive information through unsolicited messages.

Essential Indicators to Watch For

• Phishing Emails: Be wary of emails that ask for login details or payment information. Always confirm the sender's address and avoid clicking on unfamiliar links.
• Fake Loan Offers: If a loan seems too good to be true, it probably is. Real financial institutions don’t demand upfront fees for legitimate loans.
• Fake Tech Support: Scammers posing as tech support may ask you to install software or provide passwords. If you didn’t solicit support, end the conversation.

Stay alert and report any suspicious activity to Wyhy Federal or your financial institution. Let’s work together to keep our community safe! #WyomingCredit #AvoidScams #FinancialSafety