Page 378 - ACFE Fraud Reports 2009_2020

Tenure of Perpetrator — Median Loss

$350000 $289,000 2012

$300000 $261,000 $250,000

$250000 $200,000 $231,000 $229,000 2010
Median Loss $200000 $100,000 $114,000 $142,000 2008

$150000

$100000 $47,000 $50,000
$25,000
$50000
$0
Less than 1 year 1 to 5 years 6 to 10 years More than 10 years

Tenure of Perpetrator

Perpetrator’s Education Level
The following chart shows the distribution of fraudsters based on their education level. Approximately 54% of
fraud perpetrators had a college degree or higher. This was similar to the distribution noted in 2010, when 52%
of perpetrators had college or postgraduate degrees.

Education of Perpetrator — Frequency

16.9%
Postgraduate Degree 14.0% 2012
| 2012 REPORT TO THE NATIONS on occupational FRAUD and abuse
10.9% 36.9% 2010
Education Level of Perpetrator High School Graduate or Less 17.1% 20.5% 25.3% 34.4% 2008
College Degree
38.0%

Some College
20.8%

Other* 0.5% 28.8% 33.9%

0% 5% 10% 15% 20% 25% 30% 35% 40%
Percent of Cases
*“Other” category was not included in the prior years’ Reports.

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