|Subject:||Fraudulent Certificates of Deposit etc.|
|Date of Memorandum:||03/25/1997|
|Expiration Date:|| |
|Signed By:||Smith, Roland|
|FCA Contact Person:||Holland, Tom|
|List of Attachments:||OCC Alert 97-5|
March 25, 1997
To: The Chief Executive Officer
All Farm Credit System Institutions
From: Roland E. Smith, Director /s/
Office of Examination
Subject: Informational Memorandum--Fraudulent Certificates of Deposit Identified by the Office of the Comptroller of the Currency
The Farm Credit Administration (FCA) is distributing a copy of OCC Alert 97-5 issued recently by the Office of the Comptroller of the Currency (OCC). This OCC Alert provides information regarding fraudulent certificates of deposit issued by Mitsubishi Trust & Banking Co. Finance Corp. and fraudulent drafts issued by Mitsubishi Finance Corp. Mitsubishi Trust & Banking Co. The New York City Office of Mitsubishi Trust and Banking Corporation, a large multinational financial institution headquartered in Tokyo, Japan, has advised that it has no relationship with the subject entities.
The Mitsubishi Trust and Banking Corporation's New York branch office requests that it be contacted if you have information regarding these instruments. The OCC Alert lists its telephone and facsimile number. An address and telephone facsimile number at the OCC is also provided for reporting information about either of the financial instruments.
This OCC Alert complements information previously distributed by the FCA, and it should be retained for reference. If you have questions, you may call Jerry Erickson in the Office of Examination at (703) 883-4483.