12 months. That's how long the typical occupational fraud case lasts before its detected – with a median loss of $117,000 worldwide.
This is International Fraud Awareness Week; and while there are all kinds of fraud, we want to draw attention to occupational fraud because there are ways to help prevent this from happening in your company.
The single largest global study on occupational fraud provides a snapshot of worldwide fraud trends revealed by Association of Certified Fraud Examiners, (ACFE).
Need-to-know data is sourced from:
2,110 real occupational fraud cases
23 major industry categories
See the schemes, victims and the perpetrator profiles.