Crime Goes to Work

by By the NumbersComments (0)

Occupational fraud poses a significant threat to businesses around the world, according to the Association of Certified Fraud Examiners’ latest Global Fraud Study, which found that the typical organization loses 5 percent of revenues each year to fraud. If applied to the estimated gross world product, that translates to a potential projected global fraud loss of nearly $3.7 trillion.

The 2014 “report to the nations,” the eighth conducted by the ACFE, is based on the results of an online survey completed by 1,483 certified fraud examiners from more than 100 countries. Among the more salient findings:


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