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 deceptive tech support calls, scammers are getting increasingly cunning. Here’s how to safeguard 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 formal language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never solicit sensitive information through unsolicited messages.

Essential Indicators to Watch For

• Phishing Emails: Be careful of emails that demand 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 ask for upfront fees for genuine loans.
• Fake Tech Support: Scammers posing as tech support may request you to install software or provide passwords. If you didn’t solicit support, terminate the call.

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