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‘Tis the Season – Beware of These Scams

Univest, as with most financial institutions, has seen a significant increase in fraud attempts. This is especially true during the holiday season with even more people online shopping. Based on cases Univest has investigated and reports from our customers, a common theme has evolved – fraudulent emails, phone calls and texts have increased dramatically.

In some instances, customers have been duped into providing their personal credentials leading to their accounts being compromised. The result was fraudulent mobile deposits, electronic payments, and transfers against those deposits. In other cases, our customers were scammed into providing information to take advantage of a…


Fraud is on the Rise – Beware of these Scams

Univest, as with most financial institutions, has seen a significant increase in fraud attempts since the beginning of the pandemic. In this β€œnew normal,” many are working remotely, shopping online and communicating with others through a variety of electronic platforms. Based on cases Univest has investigated and reports from our customers a common theme has evolved. Fraudulent emails, phone calls and texts have increased dramatically.

In some instances, customers have provided their personal credentials, compromising their accounts and resulting in fraudulent mobile deposits and subsequent transfers against those deposits. In other cases, our customers were duped into providing information to…

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