Page 270 - ACFE Fraud Reports 2009_2020

Victim organizations

canada — 99 cases central/South America and the caribbean
Number of percent of — 70 cases
scheme
Cases Cases Number of percent of
scheme
Billing 21 21.2% Cases Cases
Corruption 21 21.2% Corruption 33 47.1%
Expense Reimbursements 20 20.2% Billing 20 28.6%
Check Tampering 17 17.2% Non-Cash 13 18.6%
Non-Cash 15 15.2% Cash Larceny 10 14.3%
Payroll 12 12.1% Skimming 9 12.9%
Skimming 12 12.1% Cash on Hand 8 11.4%
Cash Larceny 10 10.1% Expense Reimbursements 8 11.4%
Cash on Hand 9 9.1% Financial Statement Fraud 7 10.0%
Register Disbursements 8 8.1% Check Tampering 6 8.6%
Financial Statement Fraud 2 2.0% Payroll 3 4.3%
Register Disbursements 1 1.4%
Oceania — 40 cases
Corruption Cases by Region
Number of percent of
scheme
Cases Cases We compared the proportion and cost of cases involving
Corruption 16 40.0% corruption among the regional categories in our study. The
Non-Cash 12 30.0% results are presented in the following table.
Billing 11 27.5%
Check Tampering 7 17.5%
Readers should keep in mind that this data does not neces-
Skimming 5 12.5%
sarily reflect overall corruption levels within each region; it
Cash on Hand 4 10.0%
only reflects the specific fraud cases that were investigated
Expense Reimbursements 4 10.0%
and reported to us by the CFEs who took part in our study.
Cash Larceny 3 7.5%
Payroll 2 5.0%
Register Disbursements 1 2.5%
Financial Statement Fraud 1 2.5%

corruption cases by Region
Region Number of Corruption Cases percent of all Cases in Region Median Loss
Asia 152 51.0% $330,000
Europe 79 50.3% $1,000,000
Africa 55 49.1% $208,000
Central/South America and the Caribbean 33 47.1% $250,000
Oceania 16 40.0% $800,000
United States 224 21.9% $175,000
Canada 21 21.2% $163,000

26 | 2010 RepoRt to the NAtioNs ON OccuPATIONAl FRAUD ANd AbuSE