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Special Alerts

SA-40-2004
June 16, 2004


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Fraudulent Information Request
Summary: Fax messages to foreign institutions fraudulently claim to be from the FDIC. These messages falsely claim that the FDIC is soliciting mandatory customer information from institutions as part of FDIC money laundering and anti-terrorism measures.

The Federal Deposit Insurance Corporation (FDIC) is receiving inquiries from foreign financial institutions that have received faxed messages that have the appearance of being sent from the FDIC. The fraudulent letters indicate that the ďFDIC money laundering and anti-terrorism joint Task Force SecurityĒ is requesting financial account and investment information regarding accounts maintained in financial institutions and investment banks in the U.S., Canada and the United Kingdom. The message warns institutions that failure to complete the form may result in civil and criminal penalties, including freezing of accounts, forfeiture of assets, and/or fines.

This faxed message was NOT sent by the FDIC and may be a fraudulent attempt to obtain access to foreign financial institution accounts. Financial institutions should NOT, under any circumstances, provide account information to these unknown sources.

For your reference, FDIC Special Alerts may be accessed from the FDICís Web site at www.fdic.gov/news/news/SpecialAlert/2004/index.html. To learn how to automatically receive FDIC Special Alerts, Financial Institution Letters and other announcements through e-mail, please visit www.fdic.gov/news/news/announcements/index.html.

Michael J. Zamorski
Director
Division of Supervision and Consumer Protection

Distribution: All insured institutions

NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDICís Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200).


Last Updated 06/16/2004 communications@fdic.gov