How to Spot and Avoid the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is dedicated on helping members in the credit unions of Wyoming stay safe. From scam emails to fake loan offers and fraudulent technical assistance calls, scammers are getting increasingly cunning. 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, demanding 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.

Important Warning Signs to Watch For

• Phishing Emails: Be wary of emails that demand 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 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 ask for support, terminate the call.

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