Page 108 - ACFE Fraud Reports 2009_2020

Table of Contents

Percent of “no action” cases Based on Perpetrator Position

Owner/Executive 55.7%
Perpetrator Position Manager 43.7%

39.9.%
Employee

0% 10% 20% 30% 40% 50% 60%
Percent of “No Action” Cases

Recovering Losses Caused by Fraud
Even if organizations catch an occupational fraud scheme, they are not likely to recover
their losses. As we stated earlier, the median recovery in all cases was only 20%. In
over 37% of the cases we reviewed, the victim organization was unable to recover any
of its losses, and 63% of the victims failed to recover more than half of what was
stolen. About 22% of the victims managed to recover all of their losses (one-third of
these did so through their insurance).

These statistics illustrate that the most cost-effective way to deal with fraud is to
prevent it. Once fraud occurs, it is expensive and time consuming to try to recover
what was stolen, and often those efforts prove futile.

Recovery of Losses in Occupational Fraud Cases

No Recovery 16.5% 37.1%

Amount Recovered 26-50% 5.8%
1-25%

9.1%

51-75%

76-99% 9.4%

100% 22.1%

0% 10% 20% 30% 40% 50%
Percent of Cases

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