Identifying and Preventing the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is focused on helping members in Wyoming credit unions stay safe. From scam emails to bogus 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 pretend as financial institutions, like banks or credit unions, asking for personal information. They might use official-sounding language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never request 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 confirm 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 ask for upfront fees for legitimate loans.
• Fake Tech Support: Scammers posing as tech support may demand you to download software or provide passwords. If you didn’t ask for support, hang up immediately.

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