August 18, 2017
On August 16, 2017, Dean Bank was notified of the appearance of a counterfeit Dean Bank Money Order. The bank obtained a photocopy of the Money Order, faxed by a merchant out of Mississippi. Since that call, the Bank has been contacted by other merchants reporting a similar issue. All who have called so far are from southern states. More recently, the bank has been notified of the appearance of a number of fraudulent Treasurer's Checks as well.
Counterfeit Money Order Components:
1. They are not signed – all have an erroneous address typed on the signature line.
2. They are altered to Not Valid Over $1,000.00, as opposed to the correct amount printed on valid Dean Bank Money Orders
3. The amounts (so far) have been consistently made out for $998.00
The counterfeit Treasurer's Checks have a number of components that are clearly distinct from the bank's actual checks. Please contact us during regular business hours should you have any questions about a check you may have received.
Please be aware this is occurring so that you're better-prepared in the event you receive such an item; in the mail or otherwise. If you do receive one, please contact the bank immediately. Do not attempt to cash the item. Thank you.