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Fraud is a wrongful or criminal deception intended to result in financial or personal gain. It is an aspect of corruption and it occurs in

Fraud is a wrongful or criminal deception intended to result in financial or personal gain. It is an aspect of corruption and it occurs in organizations where governance structure is weak. a. In your simple understanding, what constitutes a banking fraud? 5 marks b. Identify and discuss extensively various types of fraud as related to banking operations in Kenya given reasonable examples.

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