FRAUD AND FORGERY IN THE NIGERIAN BANKING INDUSTRY

FRAUD AND FORGERY IN THE NIGERIAN BANKING INDUSTRY

TABLE OF CONTENT

Title page

Approval page

Dedication

Acknowledgement

Table of content

CHAPTER ONE

1.0            Introduction

1.1     statement of problem

1.2            Rationale of the study

1.3            Significance of study

1.4            Definition of terms

CHAPTER TWO

2.0            Literature review

2.1     What bank fraud

2.2               Types of fraud

2.3               Effect of fraud

2.4               Causes of bank fraud

2.5               Measures for controlling fraud in banks

CHAPTER THREE

3.0     Statement of hypothesis

3.1            Methodology of study

3.2            Sources of data

CHAPTER FOUR

4.0     Data presentation

4.1            Data analysis

CHAPTER FIVE

5.1            Summary

5.2            Suggestion

Conclusion

CHAPTER ONE

1.0            INTRODUCTION

1.1     STATEMENT OF PROBLEM

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.

1.2     RATIONALE OF THE STUDY

However, in accounting today the issue of fraud and forgery has been so ran pact among Nigerian banking institutions. Actually fraud cannot be easily be eradicated but with some control measure amendment can be made to control it. So the researcher had seen this problem of fraud and forgery in the country and has decided to bring out same solution to stop this or reduce the rate of this problem.

Now the question is that does it mean that all this measures for fraud and forgery control has no impact in the banking industry? Why do we still experience fraud and forgery despite all this measures such as internal and external another, generalities for fraud less, adequate call over etc. still we experience fraud and forgery. It is of this reason that I researcher had forgery. It is of this reason that I researcher has decided to know what fraud and forgery is all about in the banking industry, the native and forms of bank fraud to know same of the facilities that facilitate fraud, to know the actual infact of fraud in the economy. Having seen also this reasons it is of this note that I the research will libe to bring out same solution to put an end or limit this ugury institution in the banking industry and this has lead me to write on this topic. Fraud and forgery in the banking industry”

1.3     SIGNIFICANCE OF THE STUDY

This research on fraud and forgery in the Nigerian banking industry will be of importance to many individuals who are bank customers and also to banker.

Since the research ex-rayed various types of fraud and forgery the bank will use it as an avenue to know the types of fraud and forgery that happened to then if any can made adjustment to its re-occurrence.

Also, banks will use the possible measure to control fraud an forgery in order to avoid bank distress and failures.

Other parastatals apart from banks will equally benefit fro this research as it give solutions to fraud and forgery.

Morestill, since the researcher took mark tyiro in caning out with a good material like this, it will be of good importance to subsequent researchers.