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• Fraud and abuse costs U.S. organizations more than $660 billion annually.
• The average organization loses about 6 percent of its total annual revenue to fraud and abuse committed by its own employees.
• The median loss caused by males is about $160,000; by females, about $60,000.
• Men commit nearly 53 percent of the offenses.
• Median losses caused by men are nearly three times those caused by women.
• Losses caused by managers are double those caused by employees.
• Median losses caused by executives are 14 times those of their employees.
• The most costly abuses occur in organizations with less than 100 employees.
• The education industry experiences the lowest median losses.
• Occupational fraud and abuses fall into three main categories: asset misappropriation, fraudulent statements, and bribery and corruption.