{"id":259383,"date":"2024-12-02T12:59:59","date_gmt":"2024-12-02T12:59:59","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/"},"modified":"2024-12-02T12:59:59","modified_gmt":"2024-12-02T12:59:59","slug":"uphold-ethics-in-the-fight-against-fraud-warren-adams","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/","title":{"rendered":"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Warren Adams\u00a0\u00a0<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>The Chief Executive of First National Bank Ghana, Warren Adams has called for businesses to prioritize the nurturing of stronger internal ethics and principles, in the fight against fraud.<\/p>\n<p>Speaking at First National Bank\u2019s annual Business Breakfast meeting organized as part of activities to mark Fraud Week Mr. Adams highlighted that fraud is a pervasive and insidious threat plaguing individuals, organizations, and societies worldwide.<\/p>\n<p>According to the Bank of Ghana Banks, Specialized Deposit-Taking Institutions (SDIs) and Payment Service Providers (PSPs) 2023 Fraud Report, the count of fraud cases increased to 15,865 in 2023 from 15,164 in 2022, reflecting a 5% rise. These cases corresponded to a total loss value of approximately Gh\u00a288 million in 2023 as compared to GH\u00a282 million in 2022, indicating an increase of about 7%.<\/p>\n<p>The report indicated that the fight against fraud in the financial sector is a shared responsibility of all well-meaning stakeholders and continued vigilance is vital as fraudsters continuously deploy new ways of defrauding victims through increased usage of sophisticated technology.<\/p>\n<p>\u201cIt is clear that conventional measures alone are insufficient,\u201d Mr. Adams said. \u201cA critical yet often overlooked component in the fight against fraud is the cultivation of stronger values and virtues\u201d.<\/p>\n<p>The event served as a prelude to the commemoration of International Fraud Awareness Week from November 17.<\/p>\n<p>Mr. Adams suggested that this year\u2019s theme, \u201cethics and fraud,\u201d underscores the vital importance of ethics in safeguarding organisations\u2019 integrity and consumers\u2019 protection.<\/p>\n<p>\u201cEthics are the foundation upon which trust is built,\u201d he said. \u201cBy prioritizing ethics, we foster a culture of transparency, accountability, and fairness, ultimately strengthening our financial systems that support your business.\u201d<\/p>\n<p>The keynote speaker at the breakfast meeting, Mr. John Awuah, Chief Executive Officer of Ghana Association of Banks (GAB), pointed out that apart from measures that institutional stakeholders are putting in place to curb the menace of fraud and minimize its impact on businesses, there is the need for interagency cooperation.<\/p>\n<p>\u201cThe closer industry partnerships are forged, the more the opportunities for knowledge sharing and resources can be leveraged to prevent fraud as we strive to build a more just and trustworthy society,\u201d he said.<\/p>\n<p>Mr. Annan also mentioned that beneath the surface-level causes of fraud and unethical behaviour lies a more profound issue: a deficit of character.<\/p>\n<p>\u201cWhen individuals prioritize personal gain over integrity, honesty, and fairness, the stage is set for fraudulent behavior,\u201d he said, emphasizing that \u201cstronger values and virtues serve as a powerful antidote to fraud.\u201d<\/p>\n<p>He indicated that strategies for building stronger values and virtues require that organizational leaders lead by example, modelling and promoting ethical behaviour.<\/p>\n<p>\u201cEstablishing and enforcing robust policies and procedures while conducting regular training on these virtues and values encourages transparency. When necessary, incentivizes ethical behaviour\u201d, he concluded.<\/p>\n<p>\u00a0<\/p>\n<p><!-- CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Warren Adams\u00a0\u00a0 \u00a0 The Chief Executive of First National Bank Ghana, Warren Adams has called for businesses to prioritize the nurturing of stronger internal ethics and principles, in the fight against fraud. Speaking at First National Bank\u2019s annual Business Breakfast meeting organized as part of activities to mark Fraud Week Mr. Adams highlighted that fraud [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":259384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-259383","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Warren Adams\u00a0\u00a0 \u00a0 The Chief Executive of First National Bank Ghana, Warren Adams has called for businesses to prioritize the nurturing of stronger internal ethics and principles, in the fight against fraud. Speaking at First National Bank\u2019s annual Business Breakfast meeting organized as part of activities to mark Fraud Week Mr. Adams highlighted that fraud [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-02T12:59:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/12\/Warren-asam.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"819\" \/>\n\t<meta property=\"og:image:height\" content=\"428\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams\",\"datePublished\":\"2024-12-02T12:59:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/\"},\"wordCount\":461,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Warren-asam.jpg\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/\",\"name\":\"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Warren-asam.jpg\",\"datePublished\":\"2024-12-02T12:59:59+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Warren-asam.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Warren-asam.jpg\",\"width\":819,\"height\":428},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/02\\\/uphold-ethics-in-the-fight-against-fraud-warren-adams\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/","og_locale":"en_US","og_type":"article","og_title":"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams - Ghanamma.com","og_description":"Warren Adams\u00a0\u00a0 \u00a0 The Chief Executive of First National Bank Ghana, Warren Adams has called for businesses to prioritize the nurturing of stronger internal ethics and principles, in the fight against fraud. Speaking at First National Bank\u2019s annual Business Breakfast meeting organized as part of activities to mark Fraud Week Mr. Adams highlighted that fraud [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/","og_site_name":"Ghanamma.com","article_published_time":"2024-12-02T12:59:59+00:00","og_image":[{"width":819,"height":428,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/12\/Warren-asam.jpg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams","datePublished":"2024-12-02T12:59:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/"},"wordCount":461,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/12\/Warren-asam.jpg","articleSection":["Local News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/","url":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/","name":"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/12\/Warren-asam.jpg","datePublished":"2024-12-02T12:59:59+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/12\/Warren-asam.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/12\/Warren-asam.jpg","width":819,"height":428},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/12\/02\/uphold-ethics-in-the-fight-against-fraud-warren-adams\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Uphold Ethics In The Fight Against Fraud \u2013 Warren Adams"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/259383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=259383"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/259383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/259384"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=259383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=259383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=259383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}