Page 293 - ACFE Fraud Reports 2009_2020
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Position of Perpetrator — Median loss
2010
$80,000
Employee $70,000 2008
Position of Perpetrator Manager $200,000
$150,000
Owner/Executive $723,000
$834,000
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000
Median Loss
As the following table illustrates, frauds committed by Months to detection based on Position
higher-level perpetrators also took longer to detect. Cases
position Median Months to Detect
perpetrated by owners and executives typically lasted for
Employee 13
two years before they were detected — nearly twice as
Manager 18
long as employee frauds.
Owner/Executive 24
position of perpetrators by Region
The charts on pages 50-52 present the distribution of perpetrators by level of authority for each region. In every region,
owners/executives accounted for between 12% and 18% of reported frauds, and the losses caused by owners/execu-
tives were significantly higher than those caused by managers or employees.
In the United States and Canada, employees were the largest block of fraud perpetrators (46% in each country). In Europe,
Asia and Central/South America, however, managers accounted for 50% or more of the reported occupational frauds. In
Africa and Oceania, the number of frauds committed by managers and employees were roughly equal.
2010 RepoRt to the NAtioNs ON OccuPATIONAl FRAUD ANd AbuSE | 49
