Recognizing and Evading the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is dedicated on helping members in the credit unions of Wyoming stay safe. From scam emails to bogus loan offers and misleading technical assistance calls, scammers are getting increasingly sophisticated. Here’s how to protect 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 formal 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 request login details or payment information. Always check the sender's address and avoid clicking on unknown 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 authentic 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 vigilant and report any suspicious activity to Wyhy Federal or your financial institution. Let’s work together to keep our community safe! #WyomingCredit #AvoidScams #FinancialSafety