How to Spot and Avoid the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is committed on helping members in credit unions throughout Wyoming stay safe. From scam emails to bogus loan offers and deceptive tech support calls, scammers are getting increasingly sophisticated. 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, demanding 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.

Important Warning Signs to Watch For

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