Recognizing and Evading 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 bogus loan offers and misleading technical assistance 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, requesting 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.

Key Red Flags to Watch For

• Phishing Emails: Be careful of emails that request login details or payment information. Always confirm the sender's address and avoid 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 ask you to download software or provide passwords. If you didn’t ask for support, hang up immediately.

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