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 fraudulent loan offers and fraudulent technical assistance calls, scammers are getting increasingly cunning. Here’s how to protect yourself from these common traps.

Identify Common Scam Tactics

Scammers often impersonate as financial institutions, like banks or credit unions, requesting personal information. They might use official-sounding 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 ask for 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 legitimate loans.
• Fake Tech Support: Scammers posing as tech support may ask you to install software or provide passwords. If you didn’t request 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