Page 81 - ACFE Fraud Reports 2009_2020

Table of Contents

Comparison of All Fraud Categories – 2002 and 2004
The following table provides a comparison of the frequency and median loss data for
all categories of occupational fraud in 2004 and 2002.

Comparison of All Occupational Fraud Categories by 2004 and 2002 Data

2004 2002
Scheme Type % Cases 9 Median Cost % Cases Median Cost
Asset Misappropriations 92.7 $93,000 85.7 $80,000
Cash Misappropriations 86.6 $98,000 77.8 $80,000
Cash Larceny 20.7 $80,000 6.9 $25,000
Skimming 24.4 $85,000 24.7 $70,000
Fraudulent Disbursements 64.2 $125,000 55.4 $100,000
Billing Schemes 33.5 $140,000 25.2 $160,000
Payroll Schemes 12.6 $90,000 9.8 $140,000
Expense Reimbursements 14.2 $92,000 12.2 $60,000
Check Tampering 20.1 $155,000 16.7 $140,000
Register Disbursements 2.8 $18,000 1.7 $18,000
Non-Cash Misappropriations 20.5 $100,000 9.0 $200,000
Corruption Schemes 30.1 $250,000 12.8 $530,000
Fraudulent Statements 7.9 $1,000,000 5.1 $4,250,000

9 Readers may note that the percentages in this column do not match the percentages in earlier charts. For instance, in this
table skimming is shown to have occurred in 24.4% of cases in 2004, while in the chart entitled Breakdown of Cash
Misappropriations on page 13 skimming had a value of 28.2%. That is because this table shows percentages based on our
entire pool of 508 schemes, whereas the other chart reflected the percentage of skimming schemes based on the pool of
cash misappropriations. 15