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Special Alerts

September 20, 2007

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

New Resource Bank, San Francisco, California, 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 are reportedly associated with a Canadian secret shopper scam.

The counterfeit items display the routing number 121044369, which is assigned to New Resource Bank, but are markedly dissimilar to authentic cashier's checks. The counterfeit items display security feature statements in the top and bottom borders. The words "CASHIER'S CHECK" are printed in the top center. The bank's name (repeated twice), city, state and a toll-free telephone number, which is not associated with the bank ("1.888.416.7255"), appear in the top- left corner. The bank's name is repeated following the word "DRAWER" in the top-right corner and the word "for" beneath the written dollar amount line. Two signature lines preceded by the word "PER" are on the right side. The words "Signing Officer" are printed beneath each signature line and the word "REMITTER" is below both signature lines.

Authentic checks display the words "Cashier's Check" above the signature line 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:

Joanne Marquez
Operations Manager
New Resource Bank
405 Howard Street, Suite 110
San Francisco, California 94105
Telephone: (415) 995-8107
Fax: (415) 947-0482
E-mail: Joanne.Marquez@newresourcebank.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
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 9/20/2007 communications@fdic.gov