Recognizing and Evading 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 misleading tech support calls, scammers are getting increasingly cunning. Here’s how to shield yourself from these common traps.

Recognize Common Scam Tactics

Scammers often impersonate as financial institutions, like banks or credit unions, requesting personal information. They might use formal language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never ask 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 verify 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 authentic loans.
• Fake Tech Support: Scammers posing as tech support may demand you to download software or provide passwords. If you didn’t solicit support, end the conversation.

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