ALERT 96-13
Subject: Suspicious Transactions    Description: Certified Money Draft

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:  Information is being received that banks are receiving an
     instrument titled Certified Money Draft.  It is indicated on
     the instrument to be "REDEEMABLE AT FULL FACE VALUE WHEN
     PRESENTED TO

          Kenneth Cruickshank
          3601 Tallwood Ct.
          Marietta, Georgia 30062"

     These instruments are deemed to be without financial value.
     A copy of such instrument is attached.  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, S.W.
                    Washington, D.C.  202l9
                    Fax (202) 874-5301


                                      
     Daniel P. Stipano
     Director
     Enforcement & Compliance Division
     Date:     May 23, 1996