Alert 2006-24| May 10, 2006
Counterfeit Cashier’s Checks; Fictitious Business Checks: Counterfeit Cashier’s Checks and Fictitious Business Checks of First Bank & Trust, N.A., Canton, SD
Chief Executive Officers of All National Banks; All State Banking Authorities; Chairman, Board of Governors of the Federal Reserve System; Chairman, Federal Deposit Insurance Corporation; Director, Office of Thrift Supervision; Conference of State Bank Supervisors; Deputy Comptrollers (districts); Assistant Deputy Comptrollers; District Counsel; and All Examining Person
The above-named bank has reported that one group of counterfeit checks and one group of fictitious business checks issued in the bank's name, using a correct routing number of 091400606 and a correct account number are being presented nationwide for payment.
The group of counterfeit checks is being issued as cashier's checks. These checks may be presented for payment in the amount of $4,820.00. The counterfeit items are very similar to the authentic items. The primary difference in appearance is that the authentic items include a remitter line, and the dollar amount portion of the instrument is enclosed in a box.
The group of fictitious checks would appear to be drawn on a business account; however, these instruments are actually drawn on the bank's official account. These checks include an account title of "PRECISION INCORPORATED, 47261 280th Street, Worthing, SD 57077" in the upper-left portion of the instrument. All of the fictitious items presented to date have been printed in the amount of $5,690.64 with a memo of "Columbia Credit Union." These checks are being issued in connection with a lottery scam. The letters that accompany the checks bear the letterhead of "Big Game Mega Millions American International Lottery Corporation, 2240 W. Sahara Avenue, Suite 300, Las Vegas, NV 89108." The letter informs the potential victim that they have won the jackpot. The contact information provided within the document includes the names of Bob Kampbridge and Susan Smith, who can be reached at 1-888-201-8802. In addition, the letter also references the following Websites: [www.AmericanInternationalLotteryCorporation.com] and [www.USAMega.com].
For additional information and guidance or to verify the authenticity of First Bank & Trust, NA's Cashier's Checks, please contact Paula Wagner, Vice President, Corporate Risk Management, First Bank & Trust, 133 S. Main Avenue, Sioux Falls, SD 57104, by telephone at (605) 696-2200 or via email at [email@example.com].
Additional information concerning this matter that you believe should be brought to the attention of the OCC may be forwarded to:
Mail: Office of the Comptroller of the Currency
Special Supervision Division, MS 6-4
250 E Street, SW, Washington, DC 20219
Fax: (202) 874-5214
For additional information regarding other types of financial fraud, please visit the OCC's anti-fraud resource page.
Daniel P. Stipano
Deputy Chief Counsel