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Special Alerts

SA-154-2007
June 20, 2007


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier's Checks
Summary: Counterfeit cashier's checks bearing the name Peoples Bank & Trust Company, Manchester, Tennessee, are reportedly in circulation.

Peoples Bank & Trust Company, Manchester, Tennessee, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier's checks bearing the institution's name are in circulation. The counterfeit items are reportedly associated with letters from 1st Capital Financial Services, Ontario, Canada, regarding a fraudulent sweepstakes claim.

The counterfeit items display the routing number 107004491, which is assigned to Peoples Bank, Louisburg, Kansas, but are markedly dissimilar to authentic cashier's checks. The counterfeit items display the following security statement embedded within the top border: "THE FACE OF THIS DOCUMENT HAS A COLORED BACKGROUND ON WHITE PAPER." The statement "THE BACK OF THIS DOCUMENT CONTAINS AN ARTIFICIAL WATERMARK- HOLD AT AN ANGLE TO VIEW" is embedded within the bottom border. The bank's logo and name are printed in the upper-left corner, and an indemnity bond statement is printed in the lower-left corner. The items also have a "VOID" background when copied and a padlock key icon in the right border.

Authentic checks display the routing number 064102384, which is assigned to Peoples Bank & Trust Company, Manchester, Tennessee. In the top-center portion of the checks, the words "CASHIER'S CHECK" are centered inside a rectangle with arrow heads at each end. A "NOTICE TO CUSTOMERS" is printed in the upper-left corner. The bank's logo, name, and address are displayed in the lower-left corner. "COUNTERSIGNED SIG. (REQUIRED FOR OVER $5,000)" is displayed above two signature lines. A padlock key icon is displayed to the right of the written dollar amount line.

A copy of a counterfeit item and an authentic cashier's check (VOID) is 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:

Vicky Logan
Vice President Marketing
Peoples Bank & Trust Company
P.O. Box 1049
117 West Main Street
Manchester, Tennessee 37349
Telephone: (931) 728-3381
Fax: (931) 728-3255
E-mail: vlogan@bankwithpeoples.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 counterfeit 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/2007/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 6/20/2007 communications@fdic.gov