In Brief

Business Fraud Stats

A few numbers about types of business fraud

By Scott Berinato

October 01, 2004 — CSO — Percent of fraud cases by size of victim organization

<100 employees46%
100-999 employees21%
1,000-9,999 employees20%
10,000+ employees13%

Median loss by size of victim organization

<100 employees$98,000
100-999 employees$78,500
1,000-9,999 employees$87,500
10,000+ employees$105,500

Experts estimate total occupational losses amount to 6% of U.S. GDP. Estimated losses in recent years:

1996$400 billion
2002$600 billion
2004$660 billion

Check Tampering

Percent of fraud cases20%
Median loss$155,000

Source: "2004 Report To The Nation," Association Of Certified Fraud Examiners

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