Page 72 - ACFE Fraud Reports 2009_2020

Table of Contents

Small Organizations Suffered Disproportionately Large Losses
Approximately 46% of the frauds in our study attacked small businesses, which we
define as organizations that employ fewer than 100 people. Given their relative size,
the impact on small businesses from the occupational frauds in our survey was much
greater than the impact on larger companies. The median loss in small companies was
$98,000. Only the largest organizations – those with 10,000 or more employees —
suffered greater losses. This finding was consistent with the results from our 2002
Report.

Percent of Cases Based on Size of Victim Organization

45.8%
<100
39.0%
Number of Employees 1,000-9,999 19.8% 2004
21.1%
100-999
20.1%
2002
23.4%

13.3%
10,000+
17.5%

0% 10% 20% 30% 40% 50%
Percent of Cases

Median Loss Based on Size of Victim Organization

$98,000
<100 $127,500
Number of Employees 1,000-9,999 $53,000 $78,500 $135,000

100-999

$87,500
2004

$105,500
10,000+
$97,000 2002
$0 $50,000 $100,000 $150,000

Median Loss

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