Page 428 - ACFE Fraud Reports 2009_2020

Victim Organizations

Type of Organization
As in our previous studies, privately owned and publicly
traded organizations accounted for approximately two-thirds
of the victims in the cases reported to us. These for-profit
organizations also suffered the greatest median losses, which Small businesses were victimized in the
is consistent with our previous Reports. In contrast, govern- greatest percentage of cases reported to
ment entities and not-for-profits made up 15.1% and 10.8%, us, and they suffered disproportionately
respectively, of the cases analyzed and reported much lower large losses due to fraud.
median losses than their for-profit counterparts.

Figure 17: Type of Victim Organization — Frequency

37.9%
Private Company 39.3%
42.1%
TYPE OF VICTIM ORGANIZATION Not-for-Profit 10.4% 15.1% 16.3% 32.1%
28.5%
Public Company
28.0%
Government
16.8%
10.8%

Other* 5.5% 7.7% 9.6% 2014
2012
2010
0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

*“Other” category was not included in the 2010 Report. PERCENT OF CASES

Figure 18: Type of Victim Organization — Median Loss

$160,000
Private Company $200,000
$231,000
TYPE OF VICTIM ORGANIZATION Not-for-Profit $81,000 $100,000 $200,000
$200,000
Public Company
$127,000
$90,000
Government
$108,000
$100,000

2012
Other* $75,000 $90,000 $127,000 2014
2010
$0 $100,000 $200,000 $300,000

*“Other” category was not included in the 2010 Report. MEDIAN LOSS

24 REPORT TO THE NATIONS ON OCCUPATIONAL FRAUD AND ABUSE