How to Spot and Avoid the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is focused on helping members in Wyoming credit unions stay safe. From phishing emails to fake loan offers and deceptive technical assistance calls, scammers are getting increasingly clever. 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, asking for personal information. They might use legitimate-sounding language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never request sensitive information through unsolicited messages.

Essential Indicators to Watch For

• Phishing Emails: Be careful of emails that demand login details or payment information. Always confirm 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 demand you to install software or provide passwords. If you didn’t ask for support, end the conversation.

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