THE ROLE OF FORENSIC ACCOUNTING IN PONZI SCHEMES AND INVESTMENT FRAUD
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: THE ROLE OF FORENSIC ACCOUNTING IN PONZI SCHEMES AND INVESTMENT FRAUD
This study examines the role of forensic accounting in detecting and mitigating Ponzi schemes and investment frauds, aiming to understand the methodologies used, the challenges faced, and the effectiveness of forensic interventions. The objectives are to identify the techniques used by forensic accountants to uncover Ponzi schemes, to assess the challenges encountered during investigations, and to evaluate the impact of forensic accounting interventions on fraud prevention and recovery. A survey research design was employed, with data collected from 320 forensic accountants and financial regulators in Lagos. The sample size was determined using Taro Yamane's formula, ensuring adequate representation. The survey instrument's reliability coefficient score was 0.86. Findings reveal that forensic accounting plays a critical role in identifying fraudulent investment schemes, but the complexity of these schemes and limited access to comprehensive data pose significant challenges. Recommendations include enhancing inter-agency collaboration for data sharing and increasing investment in forensic accounting tools and training to improve fraud detection and prevention capabilities.
Related Project Materials
A LEXICO-SEMATIC ANALYSIS OF OLU OBAFEMI’S NAIRA HAS NO GENDER
ABSTRACT
This work focuses on the Lexico-semantic variation of the Nigerian English using Olu Obafemi&r...
INFLUENCE OF MASS MEDIA AWARENESS ON PROMOTION OF FAMILY PLANNING PRACTICES
BACKGROUND OF THE STUDY
With a growing population tipping towards 200 million people in 2015, experts a...
THE ROLE OF FINANCIAL CONTROL IN THE PUBLIC SECTOR
ABSTRACT
The research topic on “The Role Of Financial Control In The Public Sector, a case study of ministry...
FACTORS AFFECTING FAMILY PLANNING SERVICES IN RURAL AREAS AMONG WOMEN(A CASE STUDY OF NSIT IBOM)
Abstract
The empowerment and autonomy of women to enable them to take active part in their child-bearing decisions, deci...
DEVELOPMENT OF INSTRUCTIONAL MANUAL FOR TEACHING CRAFTS IN NATIONAL CERTFICATE IN EDUCATION HOME ECONOMICS PROGRAMME IN NORTH – WEST, NIGERIA
ABSTRACT
The study was carried out on development of instructional manual for teaching crafts in N.C.E Home Economics Programme in North-...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN TEACHING CULTURAL EMPATHY
ABSTRACT: This study examines the role of early childhood education in teaching cultural empathy among young children. Objectives include eval...
PROBLEMS OF CO-OPERATIVE SOCIETIES IN THE MARKETING OF AGRICULTURAL PRODUCTS
Abstract
This study is carried out to find the problems of cooperative in the marketing of agricultural...
THE IMPACT AND ROLE OF ENTREPRENEURSHIP ON THE ECONOMIC GROWTH OF NIGERIA
ABSTRACT
This study was carried out to examine the impact and role of entrepreneurship on the economic growth of Nig...
EXAMINING THE ROLE OF SOCIAL MEDIA IN FACILITATING THE SPREAD OF FAKE NEWS AND EXPLORING POTENTIAL STRATEGY TO COMBAT MISINFORMATION (A STUDY OF SOCIAL MEDIA PLATFORMS USERS IN ABAKALIKI)
CHAPTER ONE
INTRODUCTION
...
AN EVALUATION OF PARENTAL INFLUENCE ON YOUTH INVOLVEMENT IN RITUALISM
BACKGROUND OF THE STUDY
According to Onyehalu (1986), the family is the adolescent model. The so...
