Deputy Seminar, Denver, CO

7/11/2018

Methods of Fraud: 2018 Report to the Nations

% of Cases

10%

Asset Misappropriation ($114,000)

38%

Corruption ($250,000)

89%

Financial Statement Fraud ($800,000)

Many cases involve more than one categoryofoccupational fraud.

Copyright2018, Acuity Forensics

2018 Report to the Nations • #1 Industry • Median loss – $110,000

Copyright2018, Acuity Forensics

Fraud Schemes: Financial Institutions

FREQUENCYOF SCHEME

SCHEME

Corruption

36% 23% 14% 12% 11% 11%

Cash on Hand Cash Larceny

Check Tampering

Non-Cash

Billing

Skimming

9% 8% 7% 3% 2%

Financial Statement Fraud Expense Reimbursements Register Disbursements

Payroll

2018 ACFEReport to the Nations

Copyright2018, Acuity Forensics