How to Spot and Avoid the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is committed on helping members in Wyoming credit unions stay safe. From scam emails to fake loan offers and misleading tech support calls, scammers are getting increasingly sophisticated. Here’s how to protect yourself from these common traps.

Recognize Common Scam Tactics

Scammers often pretend as financial institutions, like banks or credit unions, demanding personal information. They might use official-sounding language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never ask sensitive information through unsolicited messages.

Important Warning Signs to Watch For

• Phishing Emails: Be cautious of emails that ask for login details or payment information. Always confirm the sender's address and avoid clicking on suspicious 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 authentic loans.
• Fake Tech Support: Scammers posing as tech support may ask you to install software or provide passwords. If you didn’t solicit 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