How to Spot and Avoid the Latest Financial Scams

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

Spot Common Scam Tactics

Scammers often impersonate as financial institutions, like banks or credit unions, asking for 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.

Essential Indicators to Watch For

• Phishing Emails: Be wary of emails that ask for login details or payment information. Always confirm the sender's address and avoid 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 authentic loans.
• Fake Tech Support: Scammers posing as tech support may request you to download software or provide passwords. If you didn’t ask for 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