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Special Alerts

SA-162-2006
June 6, 2006


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Fraudulent Money Orders
Summary: Fraudulent money orders bearing the name of 1st United Bank, Boca Raton, Florida, are reportedly in circulation.

1st United Bank, Boca Raton, Florida, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that fraudulent money orders bearing the institution's name are in circulation.

The fraudulent items display the routing number 022000868, which is not associated with 1st United Bank. Additionally, 1st United Bank does not issue money orders. A telephone number, not associated with the bank, is printed in the upper-left corner of the item below the bank's logo, name and address. "Money Order" is printed in the top center and "Cheque No." appears in the upper-right corner of the fraudulent items. A copy of a fraudulent item is attached for your review.

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

Christine F. Cowan
SVP, BSA/AML Officer & Compliance Officer
1st United Bank
741 U.S. Highway One
North Palm Beach, Florida 33408
Phone: (561) 842-2856
Fax: (561) 840-9663
Cell Phone: (561) 512-2512
E-mail: CCowan@1stunitedbankfl.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-Insured Institutions




Last Updated 6/6/2006 communications@fdic.gov