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 fraudulent loan offers and deceptive tech support calls, scammers are getting increasingly clever. Here’s how to protect yourself from these common traps.

Recognize 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 ask sensitive information through unsolicited messages.

Key Red Flags to Watch For

• Phishing Emails: Be wary of emails that request login details or payment information. Always verify the sender's address and refrain from clicking on unknown 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 legitimate loans.
• Fake Tech Support: Scammers posing as tech support may demand you to download software or provide passwords. If you didn’t request 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