Page 369 - ACFE Fraud Reports 2009_2020

Interestingly, losses in the United States and Canada were lower than in every other region — particularly among
owner/executives. We are not certain of the reason for this, but we found the same result in our 2010 study. This
correlation could be the result of truly lower losses caused by U.S. and Canadian executives, or it might simply
reflect that U.S. and Canadian CFEs tended to investigate less costly executive malfeasance than their counter-
parts in other regions.

Position of Perpetrator in the United States — 753 Cases

Employee (43.0%)
$50,000
Position of Perpetrator (percent of cases) Owner/Executive (18.5%) $150,000 $373,000

Manager (34.3%)

Other (4.2%)
$86,000
$0 $100,000 $200,000 $300,000 $400,000

Median Loss

Position of Perpetrator in Asia — 196 Cases

Employee (38.3%) $90,000
Position of Perpetrator (percent of cases) Owner/Executive (14.8%) $189,000 $4,000,000

Manager (45.4%)

Other (1.5%)

$0 $250,000 $2,000,000 $3,000,000 $4,000,000
$1,000,000
Median Loss 2012 REPORT TO THE NATIONS on occupational FRAUD and abuse |

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