Page 106 - ACFE Fraud Reports 2009_2020

Table of Contents

Cases in Which a Civil Suit was Filed — Frequency

18.8%
Yes
18.4% 2004
Civil Suit 81.2% 2002

No
81.6%

0% 20% 40% 60% 80% 100%
Percent of Cases

Cases in Which a Civil Suit was Filed – Median Loss

$470,000
Yes
$625,000
Civil Suit $60,000 2004

No 2002
$70,000

$0 $150,000 $300,000 $450,000 $600,000 $750,000
Median Loss

Of the 75 cases in our study that resulted in a civil lawsuit, 49 cases were still pending at
the time of our survey. Among the remaining 26 cases, the victims were extremely
successful. Twelve of those cases resulted in a judgment for the victim organization, while
the remaining 14 were settled. There was not a single judgment in favor of a perpetrator.
There were also no judgments in favor of perpetrators in 2002.

Outcomes of Civil Actions 53.8% 2004

Criminal Case Outcome Judgment 36.1% 46.2% 63.9% 2002
Settled

for Victim

Judgment
0.0%
for Perpetrator 0.0%

0% 10% 20% 30% 40% 50% 60% 70%

Percent of Cases
40