Identifying and Preventing 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 scam emails to bogus loan offers and deceptive 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, requesting personal information. They might use legitimate-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 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 require upfront fees for legitimate loans.
• Fake Tech Support: Scammers posing as tech support may request you to install software or provide passwords. If you didn’t solicit 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