Bank Fraud: Exposing the Hidden Threat to Financial Institutions

This book explains how insider crime works, the major types of frauds, the conditions that made these frauds possible and how to deter frauds in banks and thrifts. Profiles of crooks are presented, as well as red flags used to help uncover their activities. The information presented will help bankers to take action through internal controls and auditing procedures. First-hand cases are provided by regulators and investigators to bring the true extent of the problem to life for those who have failed to recognize this widespread problem. Everyone working in or with the financial services industry and everyone who is concerned about white collar crime will benefit from reading this book.