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Special Alerts

SA-126-2006
April 28, 2006


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

King Southern Bank, Chaplin, Kentucky, 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 083907052, which is assigned to King Southern Bank, and are similar in appearance to authentic checks. The counterfeit items are printed on blue check stock paper with blue borders. A telephone number, not associated with the bank, is displayed below the bank's name and address in the top center. The following statement is printed in the top border: "THE DOCUMENT CONTAINS SECURITY FEATURES & MICROPRINTING."

King Southern Bank issues two kinds of authentic cashier's checks, both on different colors of check stock paper. Authentic checks have ornate black borders on all sides and display a security lock symbol in the upper-left corner. The checks that are printed on blue safety paper include the bank's name and address in the top center. The checks that are printed on yellow paper display the telephone number 1-502-673-3154 below the bank's name and address in the top-left corner.

A copy of a counterfeit item and a copy of a blue authentic check (VOID) are attached for your review.

Any information you have concerning this matter should be brought to the attention of:

Mike Bennett
Vice President of Operations
King Southern Bank
10501 Watterson Trail
Louisville, Kentucky 40299
Phone: (502) 515-2265
Fax: (502) 266-9600
E-mail: michaelbennett@kingcorporategroup.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. Information 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/2006/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
Acting 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 online copies of fraudulent instruments or copies of the genuine instruments that have been counterfeited. This is to avoid attempts by others to use the electronic versions of these instruments to facilitate additional fraud. Printed copies of fraudulent instruments are mailed with the Special Alert letter to the financial institutions on the letter's distribution list (generally, FDIC-supervised banks – commercial and savings). Printed copies of the 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 04/28/2006 communications@fdic.gov