Identifying and Preventing the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is dedicated on helping members in credit unions throughout Wyoming stay safe. From scam emails to fake loan offers and deceptive tech support 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 formal language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never solicit sensitive information through unsolicited messages.

Important Warning Signs to Watch For

• Phishing Emails: Be wary of emails that request login details or payment information. Always verify the sender's address and avoid 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 download software or provide passwords. If you didn’t request support, terminate the call.

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