Page 139 - ACFE Fraud Reports 2009_2020
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Annual Revenues
Another way to measure the size of an organization is based on its annual revenues (or, in the case of government organiza-
tions, its budget). The following table illustrates the median losses and frequency of cases based on the annual revenues of
the victim organizations. The largest frauds (median loss of $275,000) were committed in organizations with between $10
million and $50 million in annual sales.
Size of Victim Organization Based
on Annual Revenues/Budget
Median Loss and Frequency
$55,000 $200,000
Annual Revenues of Victim (percent of cases) $10M - $50M (14.2%) $178,000 $275,000
<$1M (10.1%)
$1M - $10M (22.7%)
$50M - $500M (18.3%)
$500M+ (34.6%) $200,000
$50,000 $100,000 $150,000 $200,000 $250,000 $300,000
Median Loss
ACFE Report to the Nation on Occupational Fraud & Abuse
