Fraud Operations in Banking Sphere

In the today’s conditions of doing business, the banking sector is developing at a very rapid pace. This is first of all due to the fact that banks act as multipliers of the monetary mass available to all other economic actors, and thus their activities are indispensable for the normal operation of the real economic sector. The aim of this thesis is to analyze how banks mitigate the risks of frauds, namely on practical examples of banks in the Czech Republic. The practical part deals specifically with the activities of Czech banks for the elimination of frauds, and this empirical analysis is based on the theoretical knowledge acquired. The methodological tools used in this thesis include secondary research, primary research, and deductive thinking. Secondary research used to analyze the existing scientific literature requires to complete the theoretical part of the analysis. Primary research is used in the practical part and is based on interviews.