APPROACHES TO FRAUD DETECTION AND PREVENTION IN UNITED BANK FOR AFRICA (UBA).

This Project is titled “Approaches to fraud prevention and detection in United Bank for Africa (UBA)”. The main objective of the study is evaluate the impact of fraud prevention and detection in UBA Bank Jos Branch. To be in a better position to carry out the research, we reviewed relevant opinions of writers and commentators on the subject matter. For the purpose of the study, twenty five (25) staff of United Bank for Africa Jos Branch formed the target population from where a sample of twenty four (24) staff of United Bank for Africa Jos Branch was randomly isolated and investigated. The twenty four (24) questionnaires distributed for the purpose of data collection, were all returned. Primary method of data collection was used to collect the data. Data collected were organized and presented in tabular form, while analysis was undertaken by the use of chi-square. From the finding the study concluded that, there is relevance and adequacy of internal control measures in detection and prevention fraud in UBA. Fraud management does have significant effect in detection and prevention of fraud in UBA. The study recommended that, officerthatpostentryshouldnotberesponsibleforthechecking Movementofcashiersandclerksespeciallythosethathandlesensitive transactions. Operationmanualshouldbeusedtoguidestaffinallmanneroftheir operations.