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Special Alerts

SA-117-2009
July 20, 2009


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

Ohio Valley Bank Company, Gallipolis, Ohio, 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 044204370, which is assigned to Ohio Valley Bank Company. Ohio Valley Bank Company has an account with Refund Advantage, which is a Refund Anticipation Loan provider. Refund Advantage uses Ohio Valley Bank Company cashier check stock with Refund Advantage's name on it. The counterfeit items display an incorrect verification number, 1-877-552-6233. The words "REFUND ADVANTAGE" appear below the written dollar amount line.

Authentic cashier's checks display the correct verification number, 1-800-618-6264, and the words "Pay to the order of" appear below the encoded dollar amount. The words "Void after December 31, 2009" are displayed in the lower-right corner.

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:

Molly Tarbett
Vice President of Loss Prevention Management
Ohio Valley Bank Company
420 Third Avenue
Gallipolis, Ohio 45631
Telephone: (740) 446-2631, extension 247
E-mail: mktarbett@ovbc.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/2009/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 7/20/2009 communications@fdic.gov