Fixed Deposit fraud in Nationalised Banks

Ministry of Finance ordered the forensic audits in cases of the fixed deposit fraud in Dena Bank and Oriental Bank of Commerce. Apart from the...

Co-operative bank frauds rise to Rs.727 crores

National Bank for Agriculture and Rural Development (NABARD) has pulled up regional rural banks, state and district cooperative banks for substantial rise in value of frauds. Present...

India loses more than 17000 crores to bank frauds

Indian banks have lost more than 17000 crores to frauds in more than 26000 instances of frauds reported in the year 2012-13. Report published...

Lloyds considering action against KPMG

Lloyds banking group is considering legal action against KPMG in HBOS Bank Audit. Accountancy giant KPMG in the UK is under scanner over the...

Certified Technology Banking Fraud Expert

Certified Technology Banking Fraud Expert (CTFE) is the part of Banking frauds certifications customised by Fraudexprss. Typically, CTFE  is a banker, ITES or banking professional...

Swiss Bank swallowed $1.5 Billion fine for fraud

The Libor is an average interest rate calculated through submissions of interest rates by major banks in London. The London Interbank Offered Rate (Libor)...

Case of spear phishing in India

Fraudsters are evolving with the technology. Couple of years ago, Phishing was replaced by Vishing and now SpearPhishing is the new baby on the...

SEC Charges Bank Executives in Nebraska with Understating Losses During Financial...

Securities and Exchange Commission today charged three former bank executives in Nebraska for participating in a scheme to understate millions of dollars in losses...

CBFA – Certified Bank Forensic Accounting

In India Forensic Accounting is still in nascent stage and it becomes very difficult to find and retain the forensic accounting resources in India....

Syllabus – Certified Bank Forensic Accounting

Syllabus for CBFA Certification in Bank Forensic Accounting emphasize a forensic rather than a control-based or risk management approach to the analysis of bank governance...