Bulletin: SLS00334

Date:
January 08, 2007
To:
All Issuing Offices
RE:
FDIC Special Alert Notices - SA-333-2006 through SA-334-2006
Dear Associates:

This Bulletin is to advise you, in accordance with Stewart Information Services Corporation's (“SISCO”) Anti-Fraud Plan, that the FDIC has issued the above-referenced Special Alert Notices. In order to view these and other Special Alert Notices issued by the FDIC, please refer to the website address listed below:

http://www.fdic.gov/news/news/SpecialAlert/2006/index.html

If you suspect an attempt to defraud or a fraud should ever be perpetrated against any SISCO Family Underwriter and/or its agents, please report the activity immediately to:

Mary Payne Thomas
Special Alerts Stewart Legal Services
Stewart Title Guaranty Company
1980 Post Oak Blvd., Suite 710
Houston, Texas 77056
(800) 729-1902
(713) 629-2248 FAX

mthomasl@stewart.com EMAIL

For on-line viewing of this bulletin, log onto http://specialalerts.stewart.com/

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.

 

SA-333-2006
December 27, 2006

 

TO:

CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)

SUBJECT:

Counterfeit Money Orders

Summary:

Counterfeit money orders bearing the name Basin State Bank,Stanford, Montana, are reportedly in circulation.

 

Basin State Bank, Stanford, Montana, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit money orders bearing the institution's name are in circulation.

The counterfeit items display the routing number 092902446, which is assigned to Basin State Bank, and are similar to authentic money orders. However, the counterfeit items have the following statement embedded within the top border: "FOR SECURITY PURPOSES THE FACE OF THIS DOCUMENT CONTAINS A COLORED BACKGROUND AND MICROPRINTING IN THE BORDER." Also, the counterfeit items display two padlock symbols and the following statement centered and printed within the bottom border: "SECURITY FEATURES INCLUDED DETAILS ON BACK."

Authentic money orders are printed on blue paper with black print. A security feature description is printed vertically along the right side.

Copies of a counterfeit item and an authentic money order (VOID) are attached for your review. Be aware that the appearance of counterfeit items can be modified and that additional variations may be presented.

Any information you have concerning this matter should be brought to the attention of:

Tess Brady
Vice President
Basin State Bank
Post Office Box 428
Stanford, Montana 59479
Phone (406) 566-2238
Fax: (406) 566-2543
Email: tbrady@basinstatebank.com

Information about counterfeit items, cyber-fraud incidents and other fraudulent activity may be forwarded to the FDIC's Cyber-Fraud and Financial Crimes Section, 550 17th Street, N.W., Room F-4004, Washington, D.C. 20429, or transmitted electronically to alert@fdic.gov. Information related to federal deposit insurance or consumer issues should be submitted to the FDIC using an online form that can be accessed at http://www2.fdic.gov/starsmail/index.asp.

For your reference, FDIC Special Alerts may be accessed from the FDIC's Web site at www.fdic.gov/news/news/SpecialAlert/2006/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

 

Sandra L. Thompson
Director
Division of Supervision and Consumer Protection

 

 

Attachment (not available electronically)

NOTE: As a security precaution, the FDIC does not post to its Web site electronic images of fraudulent items or authentic checks that have been counterfeited. This is to avoid attempts by others to use these instruments to facilitate additional fraud. Financial institutions can view images of the fraudulent items and authentic checks (marked as VOID) using the FDIC's free, secure Web site, FDICconnect. (See more information about FDICconnect at http://www.fdic.gov/news/news/financial/2006/fil06032.html.) Printed copies of each Special Alert and its attachment(s) may also be obtained from the FDIC's Public Information Center (telephone: 1-877-275-3342 or 703-562-2200; fax: 703-562-2296; or e-mail: publicinfo@fdic.gov).

Distribution: FDIC-Supervised Banks (Commercial and Savings)

SA-334-2006
December 27, 2006

 

TO:

CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)

SUBJECT:

Fraudulent Official Checks

Summary:

Fraudulent official checks bearing the name Harrison Bank, Arlington , Texas , are reportedly in circulation.

 

Towne Bank of Arizona, Mesa, Arizona, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that fraudulent official checks bearing the institution's routing number and the name Harrison Bank, Arlington , Texas (non-existent bank), are in circulation.

The fraudulent items display the routing number 122106031, which is assigned to Towne Bank of Arizona , are not similar to authentic checks. The fraudulent items display the words "OFFICIAL CHECK" vertically along the left side. An "HB" logo, the bank name ("Harrison Bank"), and the location (" Arlington , Texas ") appear in the top-center portion of the fraudulent items.

Authentic checks from Towne Bank of Arizona display the routing number 122042205, which is assigned to a payable-through account at Preferred Bank, Los Angeles , California . The words "CASHIER'S CHECK" are printed in the top center of authentic checks below an embossed foil hologram containing the words "Prime Link." The bank's name and telephone number appear in the top-left corner, and a watermark with the words "Check Protect" appears on the reverse side.

Copies of a fraudulent items and an authentic check (VOID) are attached for your review. Be aware that the appearance of fraudulent items can be modified and that additional variations may be presented.

Any information you have concerning this matter should be brought to the attention of:

Kenneth C. Coplen
Senior Vice President
Risk Management & Compliance
Towne Bank of Arizona
3156 East Baseline Road
Mesa, Arizona 85204
Phone: (480) 346-7550
Direct Phone: (480) 346-7553
Fax: (480) 346-7569
E-mail: kcoplen@townebankaz.com

Information about counterfeit items, cyber-fraud incidents and other fraudulent activity may be forwarded to the FDIC's Cyber-Fraud and Financial Crimes Section, 550 17th Street, N.W., Room F-4004, Washington, D.C. 20429, or transmitted electronically to alert@fdic.gov. Information related to federal deposit insurance or consumer issues should be submitted to the FDIC using an online form that can be accessed at http://www2.fdic.gov/starsmail/index.asp.

For your reference, FDIC Special Alerts may be accessed from the FDIC's Web site at www.fdic.gov/news/news/SpecialAlert/2006/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

 

Sandra L. Thompson
Director
Division of Supervision and Consumer Protection

 

 

Attachment (not available electronically)

NOTE: As a security precaution, the FDIC does not post to its Web site electronic images of fraudulent items or authentic checks that have been counterfeited. This is to avoid attempts by others to use these instruments to facilitate additional fraud. Financial institutions can view images of the fraudulent items and authentic checks (marked as VOID) using the FDIC's free, secure Web site, FDICconnect. (See more information about FDICconnect at http://www.fdic.gov/news/news/financial/2006/fil06032.html.) Printed copies of each Special Alert and its attachment(s) may also be obtained from the FDIC's Public Information Center (telephone: 1-877-275-3342 or 703-562-2200; fax: 703-562-2296; or e-mail: publicinfo@fdic.gov).

Distribution: FDIC-Supervised Banks (Commercial and Savings)

References

Bulletins Replaced:
None
Related Bulletins:
NL000084 Stewart Title Guaranty Company Antifraud Plan
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None