Seeing all the adequate measures such as internal control auditing, separation of duties, monitoring of branch operations, application of diplomacy actions etc. in order to control fraud and forgery in the Nigerian banking industries, still there is fraud and forgery in the Nigeria banking industry.
More still, banks screen the best staff for employment monitor and check dormant accounts, apply fraud detecting machines periodic rotation of bank staff etc, all are also another fraud control measures, despite all these, there is still bank fraud.
The next question a reasonable one will ask is “why does bank fraud still occurs:
This led me to write on this topic to really know, what bank fraud is, types, its effects on the economy, suggested control measures, causes of fraud in order to take this problem in the society over out banking industry.
FRAUD AND FORGERY IN THE NIGERIAN BANKING INDUSTRY
TABLE OF CONTENT CHAPTER ONE 1.1 Introduction 1.2 Background of the study 1.3 Statement of problem 1.4 Objective of the study 1.5 Significance 1.6 Definition of terms CHAPTER TWO 2.1 Review of related literature 2.2 Concept of fraud 2.3 Effect of fraud 2.4 Types of fraud 2.5 Classification of the... Continue Reading
ABSTRACT Bank deals mostly in cash, financial instrument which are generally of a negotiable and easily transferable nature. Hence, it is very imperative to say that the exposure of Banks to both internal and external fraud is very great. This pradice always common to areas involving cash, cheques,... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The level of fraud in the present day Nigeria has assumed an epidemic dimension. It has eaten deep into every aspect of our life to the extent that a three old child talks about yahoo mail or 419, newly discovered sobriquet for advanced free... Continue Reading
ABSTRACT Fraud in the Nigerian banking institution in seen by people as an enemy, moreover on their own assets even when they themselves are cleaver fraudsters or dupes on their people. It exists in different sectors of our nations economy’s education, Agriculture , Mining, Production Banking. The researcher has systematically expository and... Continue Reading
ABSTRACT The research work was carried out in a bid to examine the role of computers in the detection and prevention of frauds in the Nigerian commercial banking industries. 1. The aim of the study was to know whether computer are more effective and... Continue Reading
ABSTRACT The research work was carried out in a bid to examine the role of computers in the detection and prevention of frauds in the Nigerian commercial banking industries. 1. The aim of the study was to know whether computer are more effective and efficient and efficient in the detection of frauds. 2. The study also identified how fraud can be... Continue Reading
BACKGROUND OF THE STUDY :- With an award match to becoming an industrialized Nation, Nigeria is witnessing as professional, which made the possible establishment of service industries and other business organisation. This belief was rather so strong that the urge to provide financial services can no longer be overlooked. To accelerate economic... Continue Reading
TABLE OF CONTENT CHAPTER ONE INTRODUCTION 1.0 Introduction 1.1 Background of the study 1.2 Statement of the study 1.3 Purpose/ objectives of he study 1.4 Significance of the study 1.5 Delimitation of scope and limitation 1.6 Definition of terms CHAPTER TWO 2.0 Review of related literature 2.1... Continue Reading
CONTENDING THE RATE OF FRAUD IN THE BANKING INDUSTRY ABSTRACT Much thought and research are increasingly being directed at the tudy of causes of fraud in banks, because of it’s effects on banks and finance industry generally. No reliable statistics exist (in any public report so far) on the value of successful and frustrated fraud in the banking... Continue Reading
ABSTRACT Much thought and research are increasingly being directed at the study of causes of fraud in banks, because of itâ€™s effects on banks and finance industry generally. No reliable statistics exist (in any public report so far) on the value of successful and frustrated fraud in the banking industry. The facts presented in this research... Continue Reading