How to Spot and Avoid the Latest Financial Scams

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

Spot Common Scam Tactics

Scammers often pretend as financial institutions, like banks or credit unions, demanding personal information. They might use official-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 ask for login details or payment information. Always verify the sender's address and refrain from clicking on suspicious 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 demand you to download software or provide passwords. If you didn’t ask for support, end the conversation.

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