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Special Alerts

SA-258-2007
September 18, 2007


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashiers Checks
Summary: Counterfeit cashiers checks bearing the name Dollar Bank, Cleveland, Ohio, are reportedly in circulation.

Dollar Bank, FSB, Pittsburgh, Pennsylvania, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashiers checks bearing the institution's name are in circulation.

The counterfeit items display the routing number 243074385, which is assigned to Dollar Bank, FSB, but are markedly dissimilar to authentic cashiers checks. The counterfeit items have dark blue ornate top and side borders and a light blue hexagon background. The words "CASHIERS CHECK" are centered inside a lined rectangle and incorporated into the top border. "CLEVELAND, OHIO," "PARMATOWN OFFICE" and an unassociated telephone number ("(440) 709-0408") are printed below. A pink heat-sensitive circle with "RUB HERE" repeated twice is displayed in the upper-right corner. An incorrect slogan year ("SINCE 1955") is printed below the bank's name in the top-left corner. The statement "AMOUNTS OVER $5,000.00 REQUIRES TWO SIGNATURE(S)-VOID AFTER 60 DAYS" is printed beneath the payee name line, and incorrectly uses the word "requires" rather than "require."

Authentic checks have two signature lines, maroon borders and are white in color with a blue vertical wave background. The words "CASHIERS CHECK," "CLEVELAND, OHIO" and "PARMATOWN OFFICE" are printed in the lower-left corner. "Since 1855" is printed below the bank's name in the top-left corner. The statement "AMOUNTS OVER $5,000 REQUIRE TWO SIGNATURES - VOID AFTER 60 DAYS" and the security statements "WHEN HELD TO LIGHT, IF CIRCULAR WATERMARKS ARE NOT PRESENT, DO NOT CASH. SEE BACK OR ADDITIOANL SECURITY FEATURES" are tiered beneath the payee name line.

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:

Pamela M. Cincel
Assistant Vice President and Security Officer
Dollar Bank, FSB
3 Gateway Center
Pittsburgh, Pennsylvania 15222
Telephone: (412) 261-8193
Fax: (412) 261-5285
E-mail: pcincel609@dollarbank.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/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 Program

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 9/18/2007 communications@fdic.gov