Bank Fraud And Its Effects On Nigerian’s Economy (a Case Study Of Union Nigeria Plc Enugu)

ABSTRACT Cases of frauds and foreign in banks have not only become incessant but have also been on the increase in recent years. Although frauds and foreign in banks are global phenomena, their growth in Nigeria Deposit insurance Corporations (NDIC) annual report for instance, presents a disturbing picture of rising trends of fraud. In banks from N3602 million in 1992 to N3519 million in 1991. Fraud, in bank is clearly unacceptably something’s drastic aught to be done to gently stem the fide in view of its implications for the banking industry and the adverse effect it will have on the economy…