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Fraud Facts: Where the losses are

Education identified as one of the top five industries for reported cases of occupational fraud
University Business, January 2014
Source: Association of Certified Fraud Examiners; 2012 data/Graphic by Edie Sutton
Source: Association of Certified Fraud Examiners; 2012 data/Graphic by Edie Sutton

Despite what many working for higher education institutions may believe, the campus is a common setting for fraud. In fact, the Association of Certified Fraud Examiners’ latest “Report to the Nations on Occupational Fraud and Abuse” identified education as one of the top five industries for reported cases of occupational fraud.

The accompanying graphic shows what kinds of losses campuses are experiencing and who is committing—or is likely to commit—these crimes.

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