Page 348 - ACFE Fraud Reports 2009_2020

Victim Organizations

Geographical Location
of Organizations
In this study, we received 1,388 cases of
occupational fraud from 96 countries, providing
us with a truly global view into occupational fraud
schemes. We analyzed the fraud cases reported to us
based on the geographic region in which the frauds
occurred. The chart below reflects the distribution
5
of cases by region and the corresponding estimated
median loss.

For further analysis, the graphs on pages 21-24
demonstrate the most common fraud schemes com-
mitted within each region. By comparing our current Our study included cases from 96
findings with the results of our 2010 study, we gain countries, providing us with a truly global
insight into specific fraud risks faced by organizations view of occupational fraud.
in each region.

Geographical Location of Victim Organizations

Region* Number of Cases Percent of Cases Median Loss (in U.S. dollars)
United States 778 57.2% $120,000
Asia 204 15.0% $195,000
Europe 134 9.9% $250,000

Africa 112 8.2% $134,000
Canada 58 4.3% $87,000
| 2012 REPORT TO THE NATIONS on occupational FRAUD and abuse
Latin America and the Caribbean 38 2.8% $325,000
Oceania 35 2.6% $300,000
*See Appendix for a list of countries included in each multi-country region.

5 For victim organizations with locations in more than one country, we asked survey participants to choose the location where the primary perpetrator was located. The regional breakdowns on case data
throughout this Report should consequently be read within this framework. Additionally, due to the large number of U.S. cases reported, we separated North America into United States and Canada and
20 grouped the remaining countries by continental region.