BC 243
Supplement 4
Type: Banking Circular        
Subject: Suspicious Transactions
Date:  October 27, 1993


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 by the Office of the Comptroller of the Currency that 
indicates that many banks are being requested to enter into financial transactions 
involving Certified Money Orders "redeemable" at L.A. Pethahiah, P.O. Box 287, 
Tigerton, Wisconsin. When such instruments are sent to that address, banks receive a 
Certified Bank's Check signed by Leonard Pethahiah, P.O. Box 287, Tigerton, 
Wisconsin. To date, no collected funds have been reported.

Financial institutions are advised to exercise extreme caution if involved in any such 
transaction.

Any information which you may have concerning this matter should be brought to the 
attention of:


 
Office of the Comptroller of the Currency
250 E Street, S.W.
Washington, D.C. 20219
Fax (202) 874-5301







Ralph E. Sharpe
Director
Enforcement & Compliance Division