Page 356 - ACFE Fraud Reports 2009_2020

Industry of Victim Organizations
For a better understanding of where fraud is occurring and at what frequency, we categorized the reported cases
by industry. Banking and financial services, government and public administration, and manufacturing accounted
for a combined 37% of the fraud cases reported to us. Overall, the distribution of cases remains fairly consistent
throughout all types of industries across our studies. Readers should note, however, that this data likely reflects
the industries in which CFEs tend to be retained, rather than the relative likelihood that fraud will occur in any
given industry.

Industry of Victim Organizations

Banking and Financial Services 16.7%
16.6% 2012
Government and Public Administration 10.3%
9.8%
Manufacturing 10.1% 2010
10.7%
Health Care 6.7%
5.9%
Education 6.4%
5.0%
Retail 6.1%
6.6%
Insurance 5.7%
5.1%
Services (Professional) 4.0%
2.8%
Religious, Charitable or Social Services 3.9%
2.3%
Services (Other) 3.5%
4.9%
3.4%
Industry Construction 3.2% 4.3%
Oil and Gas
3.2%
Telecommunications 3.1%
2.1%
Technology 2.8%
3.6%
Transportation and Warehousing 2.6%
3.4%
Arts, Entertainment and Recreation 2.3%
2.7%
| 2012 REPORT TO THE NATIONS on occupational FRAUD and abuse
Real Estate 2.0% 3.2%
Wholesale Trade 2.0%
2.3%
Utilities 1.8%
2.5%
Agriculture, Forestry, Fishing and Hunting 1.5%
1.5%
Mining 0.7%
0.7%
Communications and Publishing 0.7%
0.9%
Other* 0.5%
0% 5% 10% 15% 20%
Percent of Cases
*“Other” category was not included in the 2010 Report.

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