Alert 1999-9 | August 6, 1999

Unauthorized Banking: Osmi Bank Fullerton Financial Corporation

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); Assistant Deputy Comptrollers; District Counsel and Examining Personnel

The International Financial Sector Authority, Government of Antigua and Barbuda, has advised the Office of the Comptroller of the Currency that the following entities' claims to be registered in Antigua and Barbuda are false.

Osmi Bank is not and never has been registered nor issued a bank license by the Government of Antigua and Barbuda.

Fullerton Financial Corporation has not been registered in the jurisdiction of Antigua and Barbuda. An order to cease and desist from such claims was faxed to Fullerton on July 6, 1999.

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 20219
Fax (202) 874-5301

Daniel P. Stipano
Director
Enforcement & Compliance Division

Topic(s):

Unauthorized Banking