Recognizing and Evading 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 phishing emails to fraudulent 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 pretend as financial institutions, like banks or credit unions, requesting personal information. They might use official-sounding 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 careful of emails that demand 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 genuine loans.
• Fake Tech Support: Scammers posing as tech support may demand you to install software or provide passwords. If you didn’t solicit support, end the conversation.

Stay alert and report any suspicious activity to Wyhy Federal or your financial institution. Let’s work together to keep our community safe! #WyomingCredit #AvoidScams #FinancialSafety