Mr. A is committing fraud in a branch. What action will you take?

Question

Accepted Answer

Report the fraud to the higher authorities and conduct an investigation.

Immediately report the fraud to the higher authorities such as the branch manager or the head of the audit department.
Conduct a thorough investigation to gather evidence and identify the extent of the fraud.
Take necessary steps to prevent further fraud and implement measures to strengthen internal controls.
Cooperate with law enforcement agencies if required.
Maintain confidentiality and ensure that the investigation is conducted in a fair and unbiased manner.