Alert 1997-5 | February 21, 1997

Suspicious Transactions: Fraudulent Certificates of Deposit and Drafts

To

Chief Executive Officers of all National Banks; 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); District Administrators; District Counsel and Examining Personnel

Information has been received that fraudulent certificates of deposits issued by Mitsubishi Trust & Banking Co. Finance Corp. and fraudulent drafts issued by Mitsubishi Finance Corp. Mitsubishi Trust & Banking Co. are in circulation. A copy of each such instrument is attached.

The New York City office of The Mitsubishi Trust and Banking Corporation, which is a large multinational financial institution headquartered in Tokyo, Japan, has advised that there is no relationship with the subject entities. The Mitsubishi Trust and Banking Corporation's New York branch has requested that it be contacted about this matter; telephone (212) 891-8350, fax (212) 755-2349. Any information which you may have concerning this matter should be brought to the attention of:

Office of the Comptroller of the Currency
Enforcement & Compliance Division
250 E Street, SW
Washington, DC 202l9
Fax (202) 874-5301

Daniel P. Stipano
Director
Enforcement & Compliance Division

Topic(s):

Suspicious Activity Reports (SAR)