Home > News & Events > Special Alerts




Special Alerts

SA-45-2008
February 25, 2008


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier's Checks
Summary: Counterfeit cashier's checks bearing the name Diamond Bank, Murfreesboro, Arkansas, are reportedly in circulation.

Diamond State Bank (doing business as Diamond Bank), Murfreesboro, Arkansas, 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 display the routing number 082904056, which is assigned to Diamond State Bank, but are markedly dissimilar to authentic cashier's checks. The counterfeit items display the statement "THIS DOCUMENT CONTAINS SECURITY FEATURES" embedded in a darkened top border. The bank's name is displayed beneath the ribbon. The words "CASHIER'S CHECK" are shown on a wavy ribbon with "V"-cut ends in the top-center area. The bank's name and address appear in the top-left corner. The words "Authorized Signature" are printed on the right side without a signature line.

Authentic cashier's checks have a patterned background repeating the words "SECURITY DOCUMENT." They display a foil strip with the words "FOIL STRIP HOLOGRAM" repeated across the top. The words "CASHIER'S CHECK" are shown inside a rectangle with outward ornate arrows at each end in the top-center area. A "NOTICE TO CUSTOMER" and an indemnity bond statement appear in the top-left corner. The bank's logo, name and branch locations are displayed in the lower-left corner. A security padlock and statement are shown below a rectangle containing the numerical dollar amount on the right side.

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:

Jolene Deaton
Operations Manager
Diamond Bank
P.O. Box 10
Glenwood, Arkansas 71943
Telephone: (870) 356-2121
Fax: (870) 356-2858
E-mail: jdeaton@diamondbanking.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 2/25/2008 communications@fdic.gov