Site Map | Text Size:
|Home||About the OCC||News and Issuances||Publications||Tools and Forms||Topics|
Subject: Counterfeit Cashier’s Checks
Date: November 1, 2013
Description: Universal Bank, West Covina, Calif.
Counterfeit Cashier's Checks: Universal Bank, West Covina, Calif.
To: Chief Executive Officers of All National Banks and Federal Savings Associations; All State Banking Authorities; Chairman, Board of Governors of the Federal Reserve System; Chairman, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); Assistant Deputy Comptrollers; District Counsels; and All Examining Personnel
The above-named bank has reported that counterfeit cashier’s checks are being presented for payment nationwide in connection with various mystery-shopping scams.
The counterfeit checks resemble the authentic items but may be identified by the following: Counterfeit items are blue in color with a marbled background and contain all black font. One of the following security warnings may be located in a dark blue border along the top of the check:
Counterfeit items presented to date have been made payable in the amounts of $1,680, $1,870, and $1,980 and have contained remitter names of “Dr. Robert Walton,” Scott Young Sr.,” or “Dennis Garner.” The checks are being mailed to potential victims along with correspondence containing the letterhead “Precision Research Inc., U.S. Office: 1215 6th Avenue, 15th Floor, New York, NY 10020; Phone: (518) 531-8615; SMS# (646) 583-5895” or “Nichole Best Retail Security System, Inc., 6035 North Dale Mabry, Tampa, FL 33614, email@example.com, firstname.lastname@example.org, Office Phone: (813) 408-7721, Text Phone: (872) 222-9571.” The letters explain that the recipient is to use the majority of the funds to send wire transfers to various individuals. The letters may be signed by Dennis Garner and contain an e-mail contact of email@example.com.
For additional information and guidance and to verify the authenticity of Universal Bank’s cashier’s checks, please contact Irma Sanchez, Branch Administration, by mail at 3455 Nogales St., West Covina, CA 91792, by telephone at (626) 854-2818, ext. 194, by fax at (626) 854-5377, or by e-mail at firstname.lastname@example.org.
Consumers who receive a counterfeit or fictitious item and associated material should file complaints with the following agencies, as appropriate:
Additional information concerning this matter that should be brought to the attention of the Office of the Comptroller of the Currency (OCC) may be forwarded to
For additional information regarding other types of financial fraud, please visit the OCC’s anti-fraud resource at www.occ.gov/fraudresources.htm.
Ellen M. Warwick