Key Findings From the 2018 Report to the Nations: Sub-Saharan Africa Edition

Key Findings From the 2018 Report to the Nations: Sub-Saharan Africa Edition

In a new sub-report, we now focus more closely on how occupational fraud impacts Sub-Saharan Africa. This study is based on the 267 cases of occupational fraud from Sub-Saharan Africa that were reported in our 2017 Global Fraud Survey. Collectively, these cases, which accounted for 13% of all cases in our global study, caused a median loss of USD 90,000 and lasted a median 12 months before they were detected. 

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Fraud at the Top: The Costly Effect of Fraud Committed by Owners and Executives

Fraud at the Top: The Costly Effect of Fraud Committed by Owners and Executives

Olympus scandal: $1.7 billion. Bernie Madoff’s Ponzi scheme: $65 billion. Enron’s estimated total losses: $74 billion. Occupational frauds committed by owners and executives tend to be extremely costly, but why are they more costly and how do they differ from other types of fraud?

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Key Findings From the 2018 Report to the Nations: Canada Edition

Key Findings From the 2018 Report to the Nations: Canada Edition

In a new sub-report, we now focus more closely on how occupational fraud impacts Canada. This study is based on the 82 cases of occupational fraud from Canada that were reported in our 2017 Global Fraud Survey. Collectively, these cases, which accounted for 4% of all cases in our global study, caused a median loss of USD 200,000 and lasted a median 12 months before they were detected. 

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Key Findings from the 2018 Report to the Nations: Government Edition

Key Findings from the 2018 Report to the Nations: Government Edition

In April 2018, the ACFE released the 2018 Report to the Nations, which provided a global analysis of the costs and effects of occupational fraud (i.e., fraud committed against the organization by its own officers, directors, or employees). The report highlighted the tremendous impact occupational fraud has on organizations throughout the world. In a new sub-report, we now focus more closely on how occupational fraud impacts the government sector.

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Key Findings from the 2018 Report to the Nations: Asia-Pacific Edition

Key Findings from the 2018 Report to the Nations: Asia-Pacific Edition

In a new sub-report, we now focus more closely on how occupational fraud impacts organizations in the Asia-Pacific region. This study is based on the 220 cases of occupational fraud from Asia-Pacific countries that were reported in our 2017 Global Fraud Survey. Collectively, these cases, which accounted for 11% of all cases in our global study, caused a median loss of USD 236,000 and lasted a median 18 months before they were detected. 

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