How to Spot and Avoid the Latest Financial Scams

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

Spot Common Scam Tactics

Scammers often pose 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.

Key Red Flags to Watch For

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

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