Banks lost N5.8bn to fraud in 2011 - The Punch

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFOTVsyxIrFjw52GA86xr iMFlKAxQamp;url=http://www.punchng.com/business/banks-lost-n5-8bn-to-fraud-in-2011/img src=//nt2.ggpht.com/news/tbn/zvCJMRX2xeeXUM/0.jpg alt= border=1 width=80 height=50 /br /font size=-2The Punch/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFOTVsyxIrFjw52GA86xr iMFlKAxQamp;url=http://www.punchng.com/business/banks-lost-n5-8bn-to-fraud-in-2011/bBanks lost N5.8bn to bfraud/b in 2011/b/abr /font size=-1bfont color=#6f6f6fThe Punch/font/b/fontbr /font size=-1According to the document, there were 2527 reported cases of attempted bfraud/b or forgery, involving N29.5bn, as against 5960 cases involving N19.7bn and $19.2m in 2010. Of this amount, the actual loss to the banks was N5.8bn, compared to N11.4bn and b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d8Mevp3Z-rCqFtMnobrb/b/nobr/a/font/div/font/td/tr/table

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