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Special Alerts

SA-78-2007
March 27, 2007


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Money Orders
Summary: Counterfeit money orders bearing the name OCTFCU, Santa Ana, California, are reportedly in circulation.

Orange County Teachers Federal Credit Union, Santa Ana, California, 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 322282001, which is assigned to Orange County Teachers Federal Credit Union, but are dissimilar to authentic money orders. The counterfeit items include the following statement near the upper-right corner: "VOID AFTER SIX MONTHS." Above the lower-right border are the words: "NOT VALID OVER $5,000.00."

Authentic money orders are printed on blue-marbled paper with infrared fibers. A Heatseaker(tm) security box is centered below the top border. The box contains a pink oval that, when rubbed, turns white.

Copies of a counterfeit item and a blank 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:

Tari Cody
Director of Security
Orange County Teachers Federal Credit Union
Post Office Box 11547
Santa Ana, California 92711-1547
Phone (714) 258-4000, Extension 8151
Security Department: (714) 258-4000, Extension 8167
Fax: (714) 258-4229

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 Web site 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 3/27/2007 communications@fdic.gov