Page 380 - ACFE Fraud Reports 2009_2020

Department of Perpetrator — Frequency

Accounting 22.0% 2012
22.0%
Operations 17.4%
18.0%
2010
Sales 12.8%
13.5%
Executive/Upper Management 11.9%
13.5%
Customer Service 6.9%
7.2%
Other* 5.9%
Purchasing 5.7%
6.2%
Warehousing/Inventory 4.2%
4.7%
Department Information Technology 2.0% 3.7%
Finance
4.2%
2.8%
Manufacturing and Production 1.9%
1.7%
Board of Directors 1.4%
1.4%
Human Resources 1.2%
1.3%
Marketing/Public Relations 1.1%
2.0%
Research and Development 0.7%
0.8%
Legal 0.6%
0.5%
0.6%
Internal Audit
0.2%
0% 5% 15% 10% 20% 25%
Percent of Cases
*“Other” category was not included in the 2010 Report.

Not surprisingly, schemes committed by those who were in the executive/upper management suite caused
the largest median loss ($500,000), while customer service cases resulted in the lowest median loss ($30,000).
Schemes committed by those in the accounting department ranked fifth on median loss ($183,000), but this
| 2012 REPORT TO THE NATIONS on occupational FRAUD and abuse
department accounted for 22% of all reported cases, far more than any other category.

Department of Perpetrator (Sorted by Median Loss)
Department Number of Cases Percentage Median Loss
Executive/Upper Management 159 11.9% $500,000
Finance 49 3.7% $250,000
Board of Directors 19 1.4% $220,000
Purchasing 76 5.7% $200,000
Accounting 293 22.0% $183,000
Legal 8 0.6% $180,000
Marketing/Public Relations 14 1.1% $165,000
Manufacturing and Production 25 1.9% $160,000
Human Resources 16 1.2% $121,000
Research and Development 9 0.7% $100,000
Information Technology 27 2.0% $100,000
Other 79 5.9% $100,000
Operations 232 17.4% $100,000
Sales 170 12.8% $90,000
Warehousing/Inventory 56 4.2% $67,000
Internal Audit 8 0.6% $32,000
Customer Service 92 6.9% $30,000

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