Recognizing and Evading the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is dedicated on helping members in Wyoming credit unions stay safe. From phishing emails to fake loan offers and fraudulent tech support 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, requesting 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.

Essential Indicators to Watch For

• Phishing Emails: Be careful of emails that request login details or payment information. Always check the sender's address and avoid clicking on suspicious 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 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