Page 711 - ACFE Fraud Reports 2009_2020

Response to Fraud
Response to Fraud

Organizations can respond to fraud
internally, through civil litigation, and by
referring the case to law enforcement.
These are the results of such e orts.

INTERNAL PUNISHMENT CIVIL LITIGATION

MEDIAN LOSS
80% of perpetrators resulting in 28%
CIVIL LITIGATION of cases resulted in

civil litigation.
$400,000

RECEIVED SOME
PUNISHMENT
Of these cases:
41% resulted in judgment for the victim

Owners/executives are less likely 36% settled
to receive punishment
21% resulted in judgment for the perpetrator
TERMINATION for FRAUD

CRIMINAL PROSECUTION
Owners/
executives 45%

Managers 66% MEDIAN LOSS
in cases 59%
referred to
Employees 76% LAW ENFORCEMENT of cases were
referred to law
$200,000 enforcement

Received NO PUNISHMENT

Of these cases:
Owners/executives 13%
56% pleaded guilty/no contest
Managers 3% 23% were convicted at trial

Employees 2% 12% were declined prosecution
2% were acquitted

Case Results Report to the Nations 55