Recognizing and Evading 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 deceptive technical assistance calls, scammers are getting increasingly cunning. Here’s how to protect yourself from these common traps.

Spot Common Scam Tactics

Scammers often pretend 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 solicit sensitive information through unsolicited messages.

Key Red Flags to Watch For

• Phishing Emails: Be careful of emails that request login details or payment information. Always verify the sender's address and refrain from clicking on unfamiliar 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 install software or provide passwords. If you didn’t ask for 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