Page 701 - ACFE Fraud Reports 2009_2020

Perpetrator’s Age

The age distribution of fraud perpetrators in our study was bell-shaped, with 53% of fraudsters between
the ages of 31 and 45. Median losses, on the other hand, tended to rise along with the age of the perpetra-
tor. Those in the 56 to 60 and 60+ age ranges together accounted for less than 10% of all cases, but they
caused median losses of USD 400,000 and USD 575,000, respectively, which were by far the highest losses
in any age range.

FIG. 36 How does the perpetrator’s age relate to occupational fraud?

19%
18%

16%

14%
PERCENT OF C A SES 10% 8%

4% 6%
3%

<26 26–30 31–35 36–40 41–45 46–50 51–55 56–60 >60

$20,000
$65,000
$80,000

$150,000 $141,000
MEDIAN L OSS $213,000 $207,000

$400,000

$575,000

Perpetrators Report to the Nations 45