It’s Been Proven

• Dishonest employees caused 6% of lost 2002 revenues

• Small businesses are most vulnerable

• 80% of losses involved asset misappropriation

  • 90% involved cash

• Average losses

  • One dishonest employee - $60,000
  • Dishonest managers or executives - $250,000
  • Employees and managers in collusion - $500,000

• Losses by perpetrators older than 60 are 27 times higher than losses caused by employees 25 and younger

• Average scheme ran 18 months before detected

Previous slide

Next slide

Back to first slide

View graphic version