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Special Alerts

SA-138-2007
May 23, 2007


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Fraudulent Checks
Summary: Fraudulent checks bearing the names CIB Marine Bancshares, Inc., Brookfield, Wisconsin, and Riggs Bank, Washington, DC, are reportedly in circulation.

CIB Marine Bancshares, Inc., Brookfield, Wisconsin, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that fraudulent checks bearing the institution's name and the name Riggs Bank, Washington, DC, are in circulation. The fraudulent items are reportedly associated with an Internet scam.

The fraudulent items display the routing number 054000030, which is assigned to PNC Bank, N.A., Pittsburgh, Pennsylvania (the acquirer of Riggs Bank, N.A.). The fraudulent items display the name "CIB MARINE BANCSHARES, INC" and its address in the top-left corner. Tiered near the top-center portion is the following: "Riggs Bank, 1503 Pennsylvania Ave, Nw, Washington, DC 20005-1014" and a telephone number.

A copy of a fraudulent item is attached for your review. Be aware that the appearance of fraudulent 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:

Cynthia Frank
Vice President BSA and Security Officer
CIB Marine Bancshares, Inc.
2323 North Mayfair Road
Milwaukee, Wisconsin 53226
Telephone: (414) 607-6000
Fax: (414) 607-6009
E-mail: cynthia.frank@cibbank.com

Information about Fraudulent 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
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 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 5/23/2007 communications@fdic.gov