Gray Matter Group examines the state of fraud
Updated: Apr 11, 2019
In case anyone was curious as to the state of fraud in 2019, here are some startling statistics from the Association of Certified Fraud Examiners. The global estimate of annual fraud is $3.7 TRILLION dollars. The frequency of fraud has increased +137% year over year (2016 - 2017). And finally, the median loss from fraud is $145,000!
The list below is a sad, but worthwhile review.