Recognizing and Evading the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is focused on helping members in the credit unions of Wyoming stay safe. From phishing emails to bogus loan offers and deceptive technical assistance calls, scammers are getting increasingly sophisticated. Here’s how to safeguard yourself from these common traps.

Recognize Common Scam Tactics

Scammers often pretend 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 request sensitive information through unsolicited messages.

Essential Indicators to Watch For

• Phishing Emails: Be careful of emails that demand 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 genuine loans.
• Fake Tech Support: Scammers posing as tech support may ask you to install software or provide passwords. If you didn’t ask for support, hang up immediately.

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