Schemes

  • How Occupational Fraud is Committed

    Our research into occupational fraud has revealed consistent and clear patterns in the form fraud schemes take and the relative cost of each scheme type. Specifically, occupational frauds can be classified into three primary categories: asset misappropriation, corruption and financial statement fraud, with each category further broken down into several subcategories. The figure below provides a visual representation of the resulting Occupational Fraud and Abuse Classification System, also known as the Fraud Tree.

    The Fraud Tree

    Fraud Tree
     
2014 ACFE Asia-Pacific Fraud Conference