ABSTRACT
4.1 There are no limits to the variety of frauds committed against banks. They may be committed by employees, individuals outside the organisation or by experienced fraudsters outside and inside the organisation. I will cover steps to be taken after discovery of a fraud and the steps which may be taken in civil and criminal proceedings. Asset recovery can depend on speed in stopping funds disappearing or on diligent fact finding leading to claims against third parties. Much of what we will be discussing will concern the short term.
