Page 638 - ACFE Fraud Reports 2009_2020

REGIONAL FOCUS
LATIN

AMERICA AND

THE CARIBBEAN

FIG. 65 What are the most common occupational FIG. 66 How is occupational fraud initially
fraud schemes in Latin America and the Caribbean? detected in Latin America and the Caribbean?

Corruption Tip
51% 49%
Noncash Internal audit
22% 14%

Cash on hand Management review
17% 10%
Financial statement fraud Surveillance/monitoring
14% 5%
Skimming Other
12% 5%
Cash larceny External audit
11% 5%

Billing Account reconciliation
11% 5%

Payroll By accident
9% 4%
Check and payment tampering Document examination
8% 3%

Register disbursements Confession
3% 2%

Expense reimbursements IT controls
1% 1%

62 Latin America and the Caribbean Report to the Nations