Contending The Rate Of Fraud In The Banking Industry

ABSTRACTMuch thought and research are increasingly being directed at the study 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 industry.The facts presented in this research are the first of their kind on the study on how the rate of fraud on the banking industry is to be contended the research delved into different issues on sources of fraud, types of fraud, causes of fraud, effects of fraud on the business of banking and the e…