Page 722 - ACFE Fraud Reports 2009_2020

REGIONAL FOCUS
LATIN AMERICA AND

THE CARIBBEAN

FIG. 62 What are the most common occupational fraud FIG. 63 How is occupational fraud initially
What are the most common occupational fraud schemes in Latin America and the Caribbean? How is occupational fraud initially detected in Latin America and the Caribbean?
schemes in Latin America and the Caribbean? detected in Latin America and the Caribbean?

Corruption Tip
51% 55%

Noncash Internal audit
23% 12%

Financial statement fraud Management review
19% 9%
Billing Notification by law enforcement
18% 5%
Skimming External audit
13% 4%
Expense reimbursements Other
10% 3%
Cash on hand IT controls
10% 3%
Payroll By accident
9% 3%
Check and payment tampering Account reconciliation
8% 3%
Cash larceny Document examination
8% 2%
Register disbursements Confession
4% 1%

66 Latin America and the Caribbean Report to the Nations