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Counterfeit Official Checks and Fictitious Cashier’s Checks

Counterfeit Official Checks: Counterfeit Official Checks and Fictitious Cashier’s Checks of First Federal Savings Bank, Ottawa, Ill.

The above-named bank has reported that counterfeit official checks and fictitious cashier’s checks using the bank’s routing number of 271972912 are being presented for payment nationwide in connection with a variety of online auction overpayment and job opportunity scams.

The bank does not issue cashier’s checks. Therefore, any check drawn upon the bank marked as a “cashier’s check” is fictitious.

AM Best says ‘no signs of slowing down’ in title industry

In its annual review of the title insurance industry, AM Best analysts found the recent momentum of growth and profitability shows “no signs of slowing down.”

The report, titled “US Title Insurers: Rising Profitability, Declining Premium Growth,” was conducted by analysts David Blades, Fred Eslami and Ann Modica, and pointed to broad levels of success in the industry.