Page 411 - ACFE Fraud Reports 2009_2020

In furtherance of these goals, the 2014 Report contains an analysis of 1,483 cases of occupational fraud that oc-
curred in more than 100 countries. Figure 1 illustrates the regional breakdown of those cases for which the
location of the victim organization was identified, as well as the corresponding median losses for the cases in
each region.
1

Figure 1: Geographical Location of Victim Organizations

Median Loss
Region Number of Cases Percent of Cases
(in U.S. dollars)
United States 646 48.0% $100,000
Sub-Saharan Africa 173 12.8% $120,000
Asia-Pacific 129 9.6% $240,000
Western Europe 98 7.3% $200,000
Eastern Europe and Western/Central Asia 78 5.8% $383,000
Canada 58 4.3% $250,000
Latin America and the Caribbean 57 4.2% $200,000
Southern Asia 55 4.1% $56,000
Middle East and North Africa 53 3.9% $248,000

Throughout this Report, we note several regional variances in the characteristics of occupational fraud schemes.
Nonetheless, the overall uniformity of our findings over time continues to be striking. We have found that there
are consistent patterns in how these crimes are committed, how they are detected, who commits them and who
suffers from them. These observations underscore the value of our research and reinforce our mission to continue
educating anti-fraud professionals, business leaders and the general public on the costs and trends of occupational
fraud, as well as the importance of proactive measures to protect against this threat.

1 A list of the countries included in each multi-country region is contained in the Appendix on page 72.

REPORT TO THE NATIONS ON OCCUPATIONAL FRAUD AND ABUSE 7