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FRAUDULENT ACT IN THE BANKING INDUSTRY CAUSES EFFECTS AND POSSIBLE REMEDIES.

ABSTRACT

There are so many difficulties which this research work is confronted with. Bank officers were so reluctant to give out helpful information of this project. And there is also the cost of research and limited time, for acquisition, analysis and proper interpretation of data. Effort is made by the researcher to personally visit all the places where the above secondary data and primary data were located. Personal effort was also employed in tracing out relevant information needed to the project. After due analysis of the available data, the researcher discovered the statistical data of members of staff involved in frauds and forgeries, returns of commercial and merchant banks on frauds and forgeries and so on. Experience has shown that even in the most regulated home, accident can still happen. Bank staff should be properly screened before being employed, and adequate banking education should be organized for bank customers.

TABLE OF CONTENT

CHAPTER ONE

1.0 Introduction To Back Fraud

1.1 Background of the Study

1.2 Statement of the Problem

1.3 Purpose/Objective of the Study

1.4 Research Questions

1.5 Research Hypothesis

1.6 Significance of the Study

1.7 Scope, Limitations and Delimitations

1.8 Definitions of Terms

Reference

CHAPTER TWO

2.0 Review Of Related Literature

2.1 What is Fraud?

2.2 Causes of Fraudulent Practices

2.3 Methods Through which perpetuators

use cheques to defraud banks.

2.4 Computer Frauds

2.5 The Role of the Branch Manger on Fraud

2.6 Types of Fraud

2.7 Advance Fee Fraud (“419”)

2.8 Effects of Fraudulent Practices in Banks

2.9 Reasons for Committing Fraud

2.10 Techniques of Fraud Control in Banks

Reference

CHAPTER THREE

3.0 Research Design And Methodology

3.1 Research Design

3.2 Area of Study

3.3 Population

3.4 Sample and Sampling Techniques

3.5 Instruments of Data Collection

3.6 Methods of data presentation

3.7 Methods of data analysis

3.8 References

CHAPTER FOUR

4.0 Data Presentation And Analysis

4.1 Test for Research Question

4.2 Test of Hypothesis

References

CHAPTER FIVE

5.0 Findings, Recommendations And Conclusion

5.1 Findings

5.2 Conclusion

5.3 Recommendations

Bibliography

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