Identifying and Preventing the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is focused on helping members in Wyoming credit unions stay safe. From scam emails to fake loan offers and deceptive tech support calls, scammers are getting increasingly clever. Here’s how to safeguard 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 formal language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never ask sensitive information through unsolicited messages.

Essential Indicators to Watch For

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