Unauthorized Banking: Amarico Trust Bank

The Office of the Comptroller of the Currency (OCC) has been informed that an entity using the name “Amarico Trust Bank” and branding itself as “AmTrust Bank,” an inactive institution, is misrepresenting itself as a national bank. The fictitious entity has been using a foreign-hosted website designed to obtain information to likely perpetrate identity theft. Amarico Trust Bank has purported to be a financial institution offering business banking services; however, this entity is not a licensed or chartered bank.