Financial Crimes Africa (FCA) was recently in Bagamoyo, Tanzania to conduct business consultancy services. One of these was a workshop for workers from government & public institutions under the theme “Combatting Fraud in Government & Public Institutions”.
Check fraud is one of the biggest challenges that banks face with respect to fraud. Advancements in technology such as desktop publishing have made it easier to produce altered/forged, fictitious or counterfeit checks which look very much like the original. In almost all cases, cheque fraud begins when the fraudster gains hold of a legitimate […]