How to Spot and Avoid 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 phishing emails to bogus loan offers and misleading tech support calls, scammers are getting increasingly cunning. Here’s how to protect yourself from these common traps.

Recognize Common Scam Tactics

Scammers often pose as financial institutions, like banks or credit unions, demanding 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.

Important Warning Signs to Watch For

• Phishing Emails: Be wary of emails that ask for login details or payment information. Always check the sender's address and refrain from clicking on unknown links.
• Fake Loan Offers: If a loan seems too good to be true, it probably is. Real financial institutions don’t require 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 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