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Financial Institution Letter
Special Alert

SUBJECT: Fraudulent Instruments

The Federal Deposit Insurance Corporation (FDIC) has received information that "warrants" have been issued by the Republic of Texas/The Republic of Texas Trust. The instruments have appeared in various places in the United States, particularly in the state of Texas, and one has appeared in Puerto Rico. Such instruments are deemed to have no financial value. A copy of one such instrument is attached.

The instruments contain the heading "Republic of Texas," include a seal and a Warrant Number, and state they are issued to The Republic of Texas Trust, c/o HCR-74 Box 101A, Fort Davis, TPZ 79734, The Republic of Texas. The instruments appear to be originated by Richard Lance McClaren, "Chief Ambassador and Consul General" of the so-called Republic of Texas. The Republic of Texas is not a recognized sovereign entity within the state of Texas.

Please forward any information you may have about these instruments to the Office of the Attorney General of Texas, Financial Litigation Division, P.O. Box 12548, Austin, Texas 78711- 2548. Copies also may be sent to the FDIC's Special Activities Section, 550 17th Street, N.W., Room F-612, Washington, D. C. 20429.

Nicholas J. Ketcha Jr.

The attachment to this Financial Institution Letter is not currently available in electronic format. Until it is in a form that will allow us to post it to the internet, you may obtain hard copy or fax from:

FDIC Public Information Center Room 100 801 17th St. NW Washington, DC 20434

ph: (703) 562-2200

Distribution: FDIC-Supervised Banks (Commercial and Savings)

Note: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. 20434 ((703) 562-2200)

Last Updated: December 26, 1996