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Special Alerts

SA-10-2005
February 1, 2005


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Money Orders
Summary: Counterfeit money orders drawn on Boone Bank & Trust Co., Boone, Iowa, are reportedly in circulation.

Boone Bank & Trust Co., Boone, Iowa, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit money orders bearing the institution’s name and routing number of 073901097 are in circulation.

The counterfeit items are very similar to the genuine money orders. The counterfeit items reportedly bear random check numbers and are typewritten. Comments pertaining to the watermark appear in the middle section of the genuine money order, whereas similar comments appear on the top of the counterfeit money order.

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

Linda Streiff
Vice President and Cashier
Boone Bank & Trust Co.
716 Eighth Street
Boone, Iowa 50036
Telephone: (515) 432-6200
Fax: (515) 432-6210
lindas@boonebankiowa.com

Information about these instruments may be forwarded to the FDIC's Special Activities Section, 550 17th Street, N.W., Room F-4040, 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/2005/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

Michael J. Zamorski
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, 801 17th Street, NW, Room 100, Washington, DC 20434 (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 2/01/2005 communications@fdic.gov