Recognizing and Evading 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 fraudulent loan offers and deceptive technical assistance calls, scammers are getting increasingly sophisticated. Here’s how to protect yourself from these common traps.

Spot Common Scam Tactics

Scammers often pretend as financial institutions, like banks or credit unions, demanding personal information. They might use official-sounding language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never solicit sensitive information through unsolicited messages.

Key Red Flags to Watch For

• Phishing Emails: Be cautious of emails that demand login details or payment information. Always confirm 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 authentic loans.
• Fake Tech Support: Scammers posing as tech support may request you to download software or provide passwords. If you didn’t solicit support, hang up immediately.

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