Identifying and Preventing 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 scam emails to fraudulent loan offers and misleading tech support calls, scammers are getting increasingly cunning. Here’s how to safeguard yourself from these common traps.

Identify Common Scam Tactics

Scammers often pretend as financial institutions, like banks or credit unions, requesting personal information. They might use legitimate-sounding 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 cautious of emails that request login details or payment information. Always verify the sender's address and avoid 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 legitimate loans.
• Fake Tech Support: Scammers posing as tech support may ask you to install 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