Abstract

Fraud is a global phenomenon that has been in existence for long and it increases every day by day. This studyis set at evaluating the impact of fraud on the performance of commercial banks in Nigeria. It also sought toascertain the relationship between bank ATM Fraud, Forged Cheque, Clearing Cheque Fraud and bankperformance. The methodology adopted in testing objective of this study was regression analysis. The outcomeof the research revealed that there is significant impact of fraud on the performance of commercial banks inNigeria. The implication of this is that if the level of fraud in commercial bank did not reduced to the baerestminimum, it may not allow commercial banks to perform well and as well contribute to the growth of Nigeriaeconomy. We recommend that there is an urgent need for effective monitoring of bank fraud through the use ofATM to allow for the growth of Nigeria commercial banks performance. This is necessary especially this periodthat the world is going cashless and ATM is the main instrument for cashless banking system of payment.

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