Alert 2007-5| February 6, 2007

Counterfeit Cashier’s Checks: Counterfeit Cashier’s Checks of Stillwater National Bank and Trust Company, Stillwater, OK

To

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 Personnel

The above-named bank has reported that counterfeit cashier’s checks issued in the bank’s name and using a correct routing number of 103101437 are being presented for payment nationwide in connection with a variety of lottery scams as well as Internet purchases scams.

Counterfeit items may be identified by the following traits: the bank's SNB logo and name appear in the upper-left corner of the check followed by "Stillwater.Tulsa.Oklahoma City.Chichasha." Note that Chickasha is spelled incorrectly, and the words "Cashier's Check" are printed in the top-center portion of the item. Items presented to date have had various check numbers with most having seven digits and have been made payable in varying amounts ranging from $1,600 to $250,000.

Another version of the check may be identified by the following traits: "International Distribution Sys Inc, 120 Noth Robinson Avenue, PO Box 2020, Oklahoma, OK 73152" appears in the top-left corner of the check. Note that North has been spelled incorrectly. The SNB logo and "Stillwater National Bank & Trust Co, 6305 Waterford Blvd., Ste 305, Oklahoma City, OK 73118" appears in the top-center portion of the item followed by the words "Cashier’s Check."

Victims of the overpayment scheme have received these checks via U.S. Postal Service and Federal Express as payment for merchandise they had personally advertised. The checks are made payable for amounts greater than the sale price of the items being purchased. The con-artists request the victims to deposit the checks and immediately wire the excess funds to a third party via Western Union.

Victims of the lottery scheme have received the counterfeit items with correspondence that includes a letterhead of "United Sweepstakes Management Inc., European Business Center, London England, TW IJ 9HF." The letter alerts the recipient that he or she is the winner of the UN National Lottery and instructs the recipient to contact an agent for details and to activate the check. The agents are named as "Sheryl Lancaster," who can be reached at 011 44 0793-128-6292, "David Williams," who can be reached at 1-778-858-9291, and "Mathew Logan," who can be reached at 1-778-858-7995. The recipient is advised to keep their winnings confidential, and the letter is signed by Elizabeth Ford, Director, North American Affairs.

For additional information and guidance and to verify the authenticity of Stillwater National Bank’s cashier’s checks, please contact either customer service at 1-888-762-4762 or Terri Carver, Fraud/Risk Manager, Stillwater National Bank, PO Box 1988, Stillwater, OK 74076, by telephone at (405) 742-1367, by fax at (405) 742-1316, or via email at [terricarver@banksnb.com].

Consumers who receive counterfeit or fictitious items and associated material should file complaints with the following agencies, as appropriate:

  • U.S. Department of the Treasury, Office of Inspector General (OIG): by telephone at (800) 359-3898 or by visiting the OIG website.
  • Federal Trade Commission (FTC): by telephone at (877) FTC-HELP or, for filing a complaint electronically, via the FTC's website.
  • National Consumers League (NCL): by telephone at (202) 835-3323 or by email. To file a fraud complaint, visit the NCL fraud website.
  • Better Business Bureau (BBB): The BBB system serves markets throughout Canada, Puerto Rico, and the United States and is the marketplace leader in advancing trust between businesses and consumers. The website offers contact information for local BBBs, objective reports on more than 2 million businesses, consumer scam alerts, and tips on a wide variety of topics that help consumers find trustworthy businesses and make wise purchasing decisions.
  • Federal Bureau of Investigation Internet Crime Complaint Center (to report scams that may have originated via the internet).
  • If correspondence is received via the U.S. Postal Service, contact the U.S. Postal Inspection Service by telephone at (888) 877-7644; by mail at U.S. Postal Inspection Service, Office of Inspector General, Operations Support Group, 222 S. Riverside Plaza, Suite 1250, Chicago, IL 60606-6100; or via the online complaint form.

Additional information concerning this matter that should be brought to the attention of the Office of the Comptroller of the Currency (OCC) may be forwarded to

Office of the Comptroller of the Currency
Special Supervision Division
400 7th St. SW, Suite 3E-218; MS 8E-12
Washington, DC 20219
Phone: (202) 649-6450
Fax: (571) 293-4925
www.occ.gov
occalertresponses@occ.treas.gov

For additional information regarding other types of financial fraud, please visit the OCC's anti-fraud resources page.


Richard C. Stearns
Director for Enforcement & Compliance