Georgia Attorneys Title Guaranty Fund

Underwriting Bulletin No. 66

April 30, 2001

SUBJECT: Counterfeit Cashier’s Checks and Missing Cashier Checks
Below are copies of First American Home Office National Bulletins 50, 52 & 53 regarding the above subject matter. Please distribute to all appropriate personnel in your office.

Case No: Hona 50
Filed: 04-25-2001
Name: FDIC Updates - Counterfeit Cashier's Checks and Missing Cashier's Checks
Written By: Richard Flory

FDIC memo # "FIL-86-2000, December 13, 2000".

The FDIC has learned that counterfeit cashier's checks drawn on USABancShares.com, Philadelphia, PA, are in circulation. Information received to date indicates the checks may be circulating on the East Coast. A copy of one such instrument is attached for your information. Any information concerning this matter should be brought to the attention of: Daniel J. Machon, Jr., Chief Financial Officer - Phone: (215) 893-1050 or Fax: (215) 569-4214 USABancShares.com, One Lincoln Plaza, 1535 Locust St., Philadelphia, PA 19102

The FDIC has also learned that counterfeit cashier's checks drawn on the Pan American Bank, Chicago, IL, are in circulation. The counterfeit items have an incorrect account number, and information received to date indicates that items have been negotiated in California. A copy of one such instrument is attached for your information. Any information concerning this matter should be brought to the attention of: James Dray, Vice President - Phone: (773) 254-9700 or Fax: (773) 254-9753 Pan American Bank, 2627 West Cermak Road, Chicago, IL 60608

The FDIC has learned that a number of cashier's checks drawn on the Merchants & Farmers Bank of Dumas, Dumas, AR, are missing and presumed stolen. The missing items have serial numbers ranging from 93783 through and including 938000. The missing checks are yellow/gold in color. To date, none have been presented for payment. Any information concerning this matter should be brought to the attention of: Ashton Adcock - Phone: (870) 382-4311 or Fax: (870) 382-5901 Merchants and Farmers Bank, 130 W. Waterman St., Dumas, AR 71639

The Security Bank, Sioux Falls, SD has reported that counterfeit cashier's checks drawn on the bank are in circulation. A notation on the legitimate checks indicates they are not valid for over $50.00. Copies are attached for your information. Any information concerning this matter should be brought to the attention of: Ms. Kathy Baatz - Phone: (605) 339-7641 or Fax: (605) 339-7645 Security Service Corporation, PO Box 5011, Sioux Falls, SD 57117-5011

Information concerning these instruments may also be forwarded to: FDIC's Special Activities Section - 550 17th Street, NW, Room F-6012 - Washington, DC 20429.

For your reference, all FDIC updates published since January of 1995 may be found on the FDIC's Web site at http://www.fdic.gov under "News, Events & FOIA". This site provides a chronological listing by year, month, letter number and subject. The specific site for "Financial Institution Letters" is: http://www.fdic.gov/news/news/financial/2000/index.html

We strongly recommend you visit this site and print out the memo(s) and distribute to your offices accordingly. If you have any questions, please feel free to contact any of us in the Underwriting Department.

Case No: Hona 52
Filed: 04-27-2001
Name: FDIC Updates - Missing Cashier's Checks
Written By: Richard Flory

FDIC memo # "FIL-27-2001, April 3, 2001" – Missing Cashier's Checks.

The FDIC has been informed by the Bank of Old Monroe, Old Monroe, MO, that a number of the bank's cashier's checks are missing and presumed stolen from a shipment from the check printer. The missing cashier's checks are numbered 30,001 through and including 30,200. A copy of one of the bank's cashier's checks is attached. Any information concerning these items should be brought directed to: Ms. Mary Jane Lee, Vice President - Phone: (636) 665-5601 or Fax: (636) 665-5998 Bank of Old Monroe, 101 Locust St., Old Monroe, MO 63369

Information concerning these instruments may also be forwarded to: FDIC's Special Activities Section - 550 17th Street, NW, Room F-6012 - Washington, DC 20429.

For your reference, all FDIC updates published since January of 1995 may be found on the FDIC's Web site at http://www.fdic.gov under "News, Events & FOIA". This site provides a chronological listing by year, month, letter number and subject. The specific site for "Financial Institution Letters" is: http://www.fdic.gov/news/news/financial/2000/index.html

We strongly recommend you visit this site and print out the memo(s) and distribute to your offices accordingly. If you have any questions, please feel free to contact any of us in the Underwriting Department.

Case No: Hona 53
Filed: 04-27-2001
Name: FDIC Updates - Counterfeit Cashier's Checks
Written By: Richard Flory

FDIC memo # "FIL-28-2001, April 6, 2001" – Counterfeit Cashier's Checks

The FDIC has learned that counterfeit cashier's checks drawn on the Exchange Bank, Santa Rosa, CA, are in circulation. Circulation of these items seems to be widespread. It also appears the counterfeit items presented to date are being used in connection with a foreign lottery telemarketing scam described in FIL-78-2000 (dated November 16, 2000.)

A copy of one of the bank's legitimate cashier's checks and two copies of the counterfeit instruments are attached. The legitimate checks are maroon in color. The counterfeits are blue. The legitimate checks are 7 inches by 3 ½ inches; the counterfeits are 8/12 inches by 3 ½ inches.

To obtain information about the validity of Exchange Bank cashier's checks, call the bank's customer service number (800) 995-4066 or (707) 524-3000. If you believe your bank has been a victim of this fraudulent activity, or if you have any information about this matter, contact: Mr. Michael Leonard, Security Officer - Phone: (707) 524-3257 or Fax: (707) 526-6866 Exchange Bank, 545 Fourth Street, Santa Rosa, CA 95401-6368

Information concerning these instruments may also be forwarded to: FDIC's Special Activities Section - 550 17th Street, NW, Room F-6012 - Washington, DC 20429.

For your reference, all FDIC updates published since January of 1995 may be found on the FDIC's Web site at http://www.fdic.gov under "News, Events & FOIA". This site provides a chronological listing by year, month, letter number and subject. The specific site for "Financial Institution Letters" is: http://www.fdic.gov/news/news/financial/2000/index.html

We strongly recommend you visit this site and print out the memo(s) and distribute to your offices accordingly. If you have any questions, please feel free to contact any of us in the Underwriting Department.

Printable version: ub66.pdf

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