An impirical investigation into the implication of financial crimes and bank fraud on the operation of Nigerian banks Department:Banking and Finance By: uzogood4u Project ID: 5319 Rating: (5.0) votes: 1 Price:₦3000 Get the Complete MaterialAbstractThis research work was conducted to examine the implication of financial crimes and bank fraud on the operation of banks in Nigeria identifying the crimes, causes and ways of controlling the trend using some selected banks with questionnaire method used to gather facts from bank staff and customers. The study revealed that banks deal essentially with cash, financial instrument and other documents which are easily transferable and hence the exposure to both fraud and financial crimes. This malpractice is very common in areas involving cash, cheque and other fund transfer operations, especially in the light of the recent fund transfer system currently in vogue. The trend as revealed by the study differs yearly and it ranges into billions of naira losses to the Nigerian banks as reported in the NDIC annual reports. It is important to note that financial crimes and bank fraud if not given appropriate attention will not only cripple the banking system but will ground the entire economy. ...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)