Identifying and Preventing the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is committed on helping members in Wyoming credit unions stay safe. From phishing emails to fake loan offers and fraudulent technical assistance calls, scammers are getting increasingly sophisticated. Here’s how to protect yourself from these common traps.

Spot Common Scam Tactics

Scammers often pose as financial institutions, like banks or credit unions, demanding 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.

Important Warning Signs to Watch For

• Phishing Emails: Be careful of emails that demand login details or payment information. Always check 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 demand upfront fees for authentic loans.
• Fake Tech Support: Scammers posing as tech support may request you to download software or provide passwords. If you didn’t request 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