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Special Alerts

SA-13-2008
January 11, 2008


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Money Orders
Summary: Counterfeit money orders bearing the name Benjamin Franklin Bank are reportedly in circulation.

Benjamin Franklin Bank, Franklin, Massachusetts, 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 211371052, which is assigned to Benjamin Franklin Bank, but are dissimilar to authentic money orders. The counterfeit items have ornate borders and display a security feature statement embedded within the top and bottom borders. A vertical rectangle is shown in the lower-right corner. The items have been issued in amounts exceeding $1,000.00.

Authentic money orders display a gold metallic line across the top. A padlock icon and vertical security statement appear just inside the right border. The wording "NOT GOOD FOR MORE THAN $1000.00" is displayed below the numerical dollar amount line. Authentic money orders are not issued in amounts exceeding $1,000.00.

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:

Lisa Sax
Security Officer
Benjamin Franklin Bank
58 Main Street, P.O. Box 309
Franklin, Massachusetts 02038
Telephone: (508) 520-8037
Fax: (508) 520-1971
E-mail: lsax@benfranklinbank.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. Questions 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 website at www.fdic.gov/news/news/SpecialAlert/2008/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)




Last Updated 1/11/2008 communications@fdic.gov