ABSTRACT
This project/term paper is designed to critically analyse the fraud on bank failure and its role in Nigeria financial Institutions with reference to the banking system.
Fraud in both private and public sector of Nigeria economy is an age long phenomenon that has for a long time being threatening the growth and development of the Nigeria Nation State. It has defiled the very professional expertise know-how due to its continuous increase.
The effect of fraud on the Nigeria financial institutions mainly regarded as the life-wire of the nations economy is to say the least devastating. Found outs across the length and breath or the Nigerian financial institutions and has resulted in resulting many well established firms to mere existing level, while so many others have been completely liquidated. It is this ugly development in the “Power house” of the financial sector of our economy that altercated my interest hence my choice of the topic: Fraud and its role on bank failure; with particular reference to the banking system.
This work will dig deep into the
1.Types of fraud.
2.Caused of fraud
3.Extent of involvement of insiders and outsiders in the preparation of fraud.
In this project/ term paper chapter explain the term fraud, it tries to explain the fact that fraud is and to continues to trouble the financial sector of the economy unless great efforts are put together to fight it. Chapter one starting with the introduction which is the scope of the study. Chapter two is the literature review which embraces the subheading; Types of fraud, foreign exchanges malpractices, tilex fraud, fraud against the company, Advance free fraud (419), Bank fraud, and the effect of fraud on banks. Chapter three is the solution to the menace of fraud. Further, the summary of the whole finding recommendation by research and possible conclusion on the topic.
The bibliography is also there.
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE
1.0Introduction
CHAPTER TWO
2.1Types of fraud
2.2Foreign exchanges malpractices
2.3Telex fraud
2.4Fraud against the company
2.5Advanced free fraud (149)
2.6Bank fraud
2.7The effect of fraud on banks.
CHAPTER THREE
3.1Summary
3.2Recommendation
3.3Conclusion
3.4Bibliography