How to Spot and Avoid the Latest Financial Scams

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

Identify Common Scam Tactics

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

Key Red Flags to Watch For

• Phishing Emails: Be wary of emails that demand login details or payment information. Always confirm the sender's address and refrain from 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 request you to install software or provide passwords. If you didn’t solicit 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