CHECK CASHING -(Classified)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-05747A000200110109-6
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 11, 2016
• Document Release Date: July 31, 1998
• Sequence Number: 109
• Publication Date: December 16, 1959
• Content Type: MEMO

'Approved For Release 1999/09/10: CIA-RDP - 200110109-6
25X1A2e
MEMO TO: Chief of Station
THRU ; Chief of Operations
SUBJECT: Check Cashing - -
25X1A2d1
25X1A2e 1. On or about 1 July 1959, - stated to the undersigned that
he had difficulty with a bad check at one of the local clubs. He stated
that the difficulty had been cleared up, but that since the one check had
him blacklisted, he asked if we would cash his checks through KUBARK
channels. I told him that as long as he had the funds in the bank we
would make an exception to our general policy on check cashing and cash
his checks. This arrangement continued from July to the present time
and all checks cleared the bank. Little attention was paid to the fact
that in October and November the checks increased in number and amount.
During this period his Headquarters bank deposits were supplemented with
a credit union loan which he received in the field but transferred to
his bank by money orders. In December the check cashing snowballed and
in a two week period he cashed $1,400.00 in a very discreet manner. At
least the last three checks were cashed when the undersigned was out to
25X1A2e lunch. On 15 December the cashier mentioned that - cashed another
$300.00 check. I immediately went to see the Deputy Chief of Station and
the Chief of Support with a brief analysis of the check cashing trans-
actions. After discussion an investigation was started with the Security
Officer acting as the investigator.
25X1A2e
25X1A9a
2. I was aware of the regulations regarding check cashing, and
has been the only Staff Employee at the Station who was permitted
to cash all personal checks through KUBARK facilities. Other checks that
have been cashed through our facilities represent military personnel' under
the new pay system, Station personnel departing TDY or PG`s, to clear advances,
and occasional checks for personal reasons.
Distribution:
1 - COS
1 - Security
1 - Finance
16 December 1959
25X1A2d1
TO `25X1A6c
Approved For Release 1999/09/10 : CIA-RDP - 0020011