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SPECIAL ALERT

BSA/AML, OFAC and Fraud
April 19, 2000

TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Entities That May Be Conducting Banking Operations Without Authorization

The Office of the Comptroller of the Currency (OCC) has advised us that the following entity may be conducting banking business illegally or without authorization. Proposed transactions involving this entity should be viewed with extreme caution.

Digital Commerce Bank, Ltd (Kuiu Thlingit Nation)
Top Floor, Atlantis Building
Shallow Draught
Bridgetown, Barbados

The entity reportedly has a bank charter issued by the Kuiu Thlingit Nation, a non-recognized jurisdiction of indeterminate origin. The chartering jurisdiction claims to be a tribe of people native to the state of Alaska; however, the tribe is not recognized by the Bureau of Indian Affairs or the state of Alaska. The entity has no license or charter from the OCC or the state of Alaska. The Bridgetown, Barbados, address is reportedly the location of the entity's principal office.

Please forward any information concerning this entity to the FDIC's Special Activities Section, 550 17th Street, NW, Room F-6012, Washington, DC 20429. For your reference, all FDIC Financial Institution Letters published since January of 1995 may be found on the FDIC's Web site at www.fdic.gov under "News, Events & FOIA."

James L. Sexton
Director

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).


Last Updated: April 19, 2000