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Special Alerts

SA-289-2006
September 29, 2006


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Teller's Checks
Summary: Counterfeit teller's checks bearing the name First Madison Bank & Trust, Colbert, Georgia, are reportedly in circulation.

First Madison Bank & Trust, Colbert, Georgia, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit teller's checks bearing the institution's name are in circulation. The counterfeit items are reportedly associated with a scam and are included with correspondence entitled "Certificate of Award." The award letters are mailed from Canada.

The counterfeit items display the routing number 044015543, which is assigned to the account of Travelers Express at Huntington National Bank, Columbus, Ohio. First Madison Bank & Trust issues teller's checks through that Travelers Express account.

The counterfeit items are similar to authentic teller's checks. However, the counterfeit items display the word "REMITTER" below the bank's logo in the top-left corner. The counterfeit items also include security wording embedded within the top border. The "ISSUED BY" and "DRAWER" information appears in the top-center portion of the counterfeit items; on authentic checks, this information appears to the right of the center at the top.

Copies of a counterfeit item and an authentic check (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:

Eric Johnasen
Chief Financial Officer
First Madison Bank & Trust
P. O. Box 389
Colbert, Georgia 30628
Telephone: (706) 389-7977
Fax: (706) 389-7984
E-mail: ejohansen@firstmadisonbank.com

To report this scam or any other scam based in or mailed from Canada, please contact Phonebusters, which is a joint partnership between the Ontario Provincial Police and the Royal Canadian Mounted Police. Phonebusters is interested in receiving copies of scam letters, particularly those involving Canadian mailing addresses or telephone numbers. Records relating to the payment of advance fees should also be forwarded to Phonebusters. This information is used to assist in the strategic targeting of would-be fraudsters. Scam letters should be forwarded to the Phonebusters National Call Center (PNCC) as follows:

Mail: Box 686
North Bay, Ontario, Canada
P1B 8J8
Web site: www.phonebusters.com
Telephone: +1 (888) 495-8501 (toll-free in Canada and the USA)
Fax: +1 (888) 654-9426 (toll-free in Canada and the USA)
E-mail: info@phonebusters.com
Advance fee fraud (including Nigerian and lottery letters): wafl@phonebusters.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
Acting 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)




Last Updated 9/29/2006 communications@fdic.gov