How to Spot and Avoid the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is focused on helping members in Wyoming credit unions stay safe. From scam emails to fake loan offers and misleading technical assistance calls, scammers are getting increasingly clever. Here’s how to safeguard 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 official-sounding 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 cautious of emails that request 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 demand upfront fees for genuine loans.
• Fake Tech Support: Scammers posing as tech support may request you to install software or provide passwords. If you didn’t request 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