The Causes, Effect and Prevention of Fraud in The Banking Industry (A Case Study Of Union Bank Plc)

ABSTRACT

In chapter one, I made brief introduction of the project work. Chapter two, a review of previous work of some notable authors was made. Chapter three dealt with the research methodology used gathering data. Chapter four highlighted the presentation and analysis of the research questions chapter five dealt with the summary, conclusion and recommendation.

TABLE OF CONTENTS

Title                                                                     i

Certification                                                            ii

Dedication                                                             iii

Acknowledgement                                                   iv

Abstract                                                                vi

Table of contents                                                    viii

Chapter one

1.0      Introduction                                                    1

1.1      History of Union Bank of Nigeria Plc                     3

1.2      Objectives of study                                           3

1.3      Significance of study                                         4

1.4      Scope of study                                                 6

1.5      Limitation of Study                                           6

1.6      Background History of Union Bank Plc                  7

1.7      Definition of terms                                           9

Chapter two

2.0      An overview of Banking – Meaning of Banking       11

2.1  Types of Banking Account                                  13

2.2  The basic Banking functions (CBN)                      16

2.3  What is Fraud?                                                18

2.4  Types of fraud                                                 20

2.5  Causes of fraud in a Bank                                  24

2.6  Effect of fraud in a Bank                                    26

2.7  Prevention of in a Bank                                     28

2.8  Prevention of fraud between two different banks    31

2.9  Prevention of fraud by Bank customers                33

Chapter three

3.0      Research methodology                                      39

3.1      Research design                                               40

3.2      Characteristics of study population                      40

3.3      Research instruments                                       41

3.4      Administration of data collection                         42

3.5      Method of data analysis                                     42

3.6      Limitation to research methodology                     43

Chapter Four

4.0      Data presentation and analysis                           45

       Chapter Five

5.1      Summary                                                       56

5.2  Summary of findings                                        58

5.3  Conclusions                                                     63

5.4  Recommendations                                            64

Bibliography                                                    66