Recognizing and Evading the Latest Financial Scams

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

Identify Common Scam Tactics

Scammers often pose as financial institutions, like banks or credit unions, asking for personal information. They might use formal language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never request 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 verify the sender's address and refrain from clicking on suspicious 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 authentic loans.
• Fake Tech Support: Scammers posing as tech support may request you to download software or provide passwords. If you didn’t solicit support, terminate the call.

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