Each depositor insured to at least $250,000 per insured bank



Home > News & Events > Special Alerts




Special Alerts

SA-119-2006
April 28, 2006


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Personal Money Orders
Summary: Counterfeit personal money orders bearing the name United Roosevelt Savings Bank, Carteret, New Jersey, are reportedly in circulation.

United Roosevelt Savings Bank, Carteret, New Jersey, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit personal money orders bearing the institution's name are in circulation.

The counterfeit items display the routing number 092005411, which is assigned to First Interstate Bank, Helena, Montana. United Roosevelt Savings Bank issues personal money orders through Travelers Express Company, Inc. (now known as Money Gram International, Inc.), which has an account at First Interstate Bank.

The counterfeit items are very similar to authentic personal money orders. However, the counterfeit items have random threads, which are similar to those found in currency. Authentic personal money orders have darker print than the counterfeit items. In addition, authentic personal money orders have a watermark on the reverse side that is not present on the counterfeit personal money orders. A copy of a counterfeit item and a copy of an authentic money order (VOID) are attached for your review.

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

Linda Spoganetz
Vice President
United Roosevelt Savings Bank
11-15 Cooke Avenue
Carteret, New Jersey 07008
Telephone: (732) 541-5445
Fax: (732) 541-5446

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 website 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