Alert 1995-45 | December 1, 1995

Suspicious Transactions: Counterfeit Certificates of Deposit

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 is being received that banks are being offered certificates of deposit in amount of $25 million (U.S. dollars) purportedly issued by Banco Del Atlantico, S.A. to support various financial transactions. Copy of one such instrument is attached. Such instruments are reported to be counterfeited and with forged signatures. Banco Del Atlantico, S.A. is a legitimate bank headquartered in Mexico City, Mexico.

Please be guided accordingly. 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, S.W.
Washington, D.C. 202l9
Fax (202) 874-5301

Daniel P. Stipano
Director
Enforcement & Compliance Division

Topic(s):

Suspicious Activity Reports (SAR)