Page 35 - ACFE Fraud Reports 2009_2020

Each respondent was asked about the total dollar loss caused by the schemes they reported on. There were 620 cases in

which CFEs were able to provide loss data. As the following chart illustrates, over half of the frauds in the study cost their

victims at least $100,000, and nearly one in six caused losses of $1 million or more.

D I S T R I B U T I O N O F D O L L A R L O S S E S

DOLLAR LOSS RANGE/
PERCENT OF CASES

$1-$999 (2.3%) 14

$1,000-$9,999 (10.2%) 63

$10,000-$49,999 (22.9%) 142

$50,000-$99,999 (12.1%) 75

$100,000-$499,999 (27.6%) 171

$500,000-$999,999 (8.5%) 53

$1,000,000-$9,999,999(13.2%) 82

$10,000,000 + (3.2%) 20

0 20 40 60 80 100 120 140 160 180

NUMBER OF CASES

P A G E 5