How to Spot and Avoid 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 deceptive technical assistance calls, scammers are getting increasingly clever. Here’s how to protect 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 formal language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never request sensitive information through unsolicited messages.

Key Red Flags to Watch For

• Phishing Emails: Be wary of emails that ask for login details or payment information. Always check 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 require upfront fees for genuine 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 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