Page 353 - ACFE Fraud Reports 2009_2020
P. 353
Types of Organizations
Nearly 40% of victim organizations in our study were privately owned, and 28% were publicly traded, meaning
that more than two-thirds of the victims in our study were for-profit organizations. This distribution is consistent
with previous Reports. Not-for-profit organizations made up the smallest portion of our dataset, accounting for
slightly more than 10% of reported cases. Privately owned and publicly traded organizations also continue to suf-
fer the highest reported median losses.
Organization Type of Victim — Frequency
39.3% 2012
Private Company 42.1%
39.1% 2010
Type of Victim Organization Not-for-Profit 10.4% 16.3% 28.4% 2008
28.0%
Public Company
32.1%
16.8%
Government
18.1%
Other* 5.5% 9.6% 14.3%
0% 10% 20% 30% 40% 50%
Percent of Cases
*“Other” category was not included in the prior years’ Reports.
Organization Type of Victim — Median Loss
$200,000 2012
Private Company $231,000
$278,000 2010
Type of Victim Organization Not-for-Profit $81,000 $142,000 2008 2012 REPORT TO THE NATIONS on occupational FRAUD and abuse |
$127,000
$200,000
Public Company
$100,000
$90,000
$109,000
$100,000
Government
$100,000
Other* $75,000
$0 $60,000 $120,000 $180,000 $240,000 $300,000
Median Loss
*“Other” category was not included in the prior years’ Reports.
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