Alert 2003-5 | March 18, 2003

Unauthorized Banking: Fictitious Internet Offshore Bank, Montserrat

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); Assistant Deputy Comptrollers; District Counsel and Examining Personnel

LionHeart Bank and Trust Company Limited
PO Box 350506, Fort Lauderdale, Fl. 33335

[http://www.lionheartbank.com]

The Financial Services Commission of Montserrat has advised the Office of the Comptroller of the Currency that LionHeart Bank and Trust Company Limited is not registered in Montserrat. The regulatory authorities of Montserrat have not issued any type of license to an entity with that name. Also, the regulatory authorities of Florida have not authorized LionHeart Bank and Trust to conduct banking business in that state. Please be guided accordingly.

Any information that you may have concerning this matter should be brought to the attention of:

Mail: Cynthia Ferrell, Assistant Commissioner
Financial Services Commission
Government of Montserrat
PO Box 188
Brades, Montserrat, West Indies
Tele: (664) 491-6887 Fax: (664) 491-9888
Email: fscmrat@candw.ag

and

Mail: Florida Division of Banking
200 East Gaines Street
Tallahassee, FL 32399
Tele: (850) 410-9111 Fax: (850) 410-9548

Brian C. McCormally
Director,
Enforcement & Compliance Division

Topic(s):

Unauthorized Banking