Identifying and Preventing the Latest Financial Scams

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

Identify Common Scam Tactics

Scammers often pose as financial institutions, like banks or credit unions, requesting 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 careful of emails that request login details or payment information. Always check the sender's address and refrain from clicking on unfamiliar 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 legitimate loans.
• Fake Tech Support: Scammers posing as tech support may request you to download software or provide passwords. If you didn’t request 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