Occupational Fraud 2024 Report to the Nations

The document is a report titled 'Occupational Fraud 2024: A Report to the Nations' published by the Association of Certified Fraud Examiners (ACFE). It is the thirteenth edition of this report, which has been released since 1996. The report analyzes 1,921 cases of occupational fraud investigated by Certified Fraud Examiners from January 2022 to September 2023 across 138 countries. The objective of the report is to compile detailed information regarding occupational fraud in six critical areas, including the methods of fraud, financial harm caused, detection means, characteristics of victim organizations, characteristics of perpetrators, and outcomes after fraud detection. The report also discusses trends in occupational fraud, the impact of COVID-19, and the emergence of cryptocurrency fraud schemes. Additionally, it categorizes fraud types and examines the varying risks faced by organizations of different sizes, detailing the median losses associated with each type of fraud.