Page 170 - ACFE Fraud Reports 2009_2020

Case Results

Civil Lawsuits Cases in Which a Civil Suit Was Filed

Generally speaking, organizations are more likely to pur-
sue criminal action against a fraudster than they are to file
a civil lawsuit. Civil suits were only filed in 23.5% of all No
cases, and those tended to be the most costly frauds, with 23.5%
a median loss of $1.2 million. ($1,200,000)
Yes
When victim organizations did file civil lawsuits, they re-
76.5%
ceived a judgment in their favor in nearly 60% of those ($100,000)
cases, while 38.5% of the cases ended in a settlement.
Judgments were only rendered in favor of the perpetrator
in 2% of the civil suits reported.

Outcomes of Civil Actions

Judgment
2.2% for Perp

Settled
38.5% Judgment
for Victim
59.3%

ACFE Report to the Nation on Occupational Fraud & Abuse