- November 26, 2001
- All Issuing Offices
- Ventura Savings Bank - Fictitious Checks
This Bulletin is to advise you, in accordance with Stewart Title Guaranty Company's ("Stewart") Anti-Fraud Plan, that the FDIC, on September 25, 2001, issued Special Alert No. FIL-82-2001. According to the FDIC's Alert, in circulation are fictitious "Official" and "Certified" checks, which show the name Ventura Savings Bank, 1010 Huntcliff Boulevard, Roswell, Georgia 33050. The Georgia Department of Banking and Finance advises that this bank does not exist in the state of Georgia. These checks are being negotiated primarily in Alabama, Georgia, Mississippi and Tennessee.
The FDIC posted the attached notice on their website at: http://www.fdic.gov/news/news/financial/2001/fil0182.html
You may request a hard copy of this notice (which accompanied the distributed copy of this bulletin) from the National Legal Department.
If you suspect an attempt to defraud or a fraud should ever be perpetrated against you, your agency, or Stewart, please contact Stewart Title Guaranty Company's National Legal Department. Please contact:
Claims & Litigation Paralegal
National Legal Department
Stewart Title Guaranty Company
1980 Post Oak Blvd., Suite 710
Houston, Texas 77056
(713) 629-2248 FAX
Thank you for your anticipated cooperation.
THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.
- Bulletins Replaced:
- Related Bulletins:
- NL000084 Stewart Title Guaranty Company Antifraud Plan
- Underwriting Manual:
- Exceptions Manual: