ALERT 97-5
Type: Suspicious Transactions    Subject: Fraudulent Certificates of Deposit and Drafts

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

RE:  Fraudulent Certificates of Deposit and Drafts

Information has been received that fraudulent certificates of
deposits issued by Mitsubishi Trust & Banking Co. Finance Corp.
and fraudulent drafts issued by Mitsubishi Finance Corp.
Mitsubishi Trust & Banking Co. are in circulation.  A copy of
each such instrument is attached.

The New York City office of The Mitsubishi Trust and Banking
Corporation, which is a large multinational financial institution
headquartered in Tokyo, Japan, has advised that there is no
relationship with the subject entities.  The Mitsubishi Trust and
Banking Corporation's New York branch has requested that it be
contacted about this matter; telephone (212) 891-8350, fax (212)
755-2349.  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, SW
                    Washington, DC  202l9
                    Fax (202) 874-5301




                                 
Daniel P. Stipano
Director
Enforcement & Compliance Division                                 
   
     
Attachments  (Attachments not available electronically)