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 phishing emails to fraudulent loan offers and deceptive technical assistance calls, scammers are getting increasingly sophisticated. 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, demanding personal information. They might use legitimate-sounding language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never solicit sensitive information through unsolicited messages.

Important Warning Signs to Watch For

• Phishing Emails: Be cautious of emails that request login details or payment information. Always verify the sender's address and refrain from clicking on unknown links.
• Fake Loan Offers: If a loan seems too good to be true, it probably is. Real financial institutions don’t require upfront fees for authentic loans.
• Fake Tech Support: Scammers posing as tech support may ask you to download software or provide passwords. If you didn’t ask for support, hang up immediately.

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