CHAPTER ONE

INTRODUCTION

1.1     Background of the study

Fraud is an intentional deception made for personal gain or to damage another individual. Fraud is a crime and civil law violation. Defrauding people of money is presumably the most common type of fraud. Fraud is a threat to an organization’s going concern and its interaction with external stakeholders such as customers, suppliers, financiers, and business partners which can result in huge financial damage. Banking industries holds a critical position in the country’s financial system and plays a vital role in the development of a nation’s economy.

1. 1. This material content is developed to serve as a GUIDE for students to conduct academic research work
2. 2. As a source for additional understanding of the subject.
3. 3. As a source for ideas for your own research work (if properly referenced).
4. 4. For PROPER paraphrasing (see your university definition of plagiarism and acceptable paraphrase)
5. 5. Direct citing (if referenced properly)
Thank you so much for your respect to the authors copyright.