Regulators Shut Down Phony Bedrock Bank

[jeffrey]

Regulators Shut Down Phony Bedrock Bank - Story Here

Federal regulators shut down a phony Internet bank claiming to be located in the tiny Colorado town of Bedrock - population 10 - near the Utah state line.

Through its Web site, the First National Bank of Bedrock offered deposit accounts, investments, debit cards and credit cards, according to the federal Office of the Comptroller of the Currency.

The address listed for the bank - 7729 S. Granite Ave. - doesn't exist, said Bedrock postmaster Ruth Swain.

Regulators said it was unclear if the Web site was a joke, perhaps in reference to the fictional town on the old "Flintstones" TV show.

But the Web site could have been an attempt to collect personal information, said Kevin Mukri, spokesman for the currency comptroller's office...