In the 2020 ACFE Report to the Nations, 85% of all fraudsters displayed at least one behavioral red flag while committing their crimes. According to the ACFE’s 2020 Report to the Nations, organizations with less than 100 employees suffered larger median losses than those of larger companies. In other words, fraud can happen at any organization, no matter the size, so it’s important to understand the warning signs.

7 Key Warning Signs

  1. Living beyond their means
  2. Financial difficulties
  3. Unusually close relationship with vendor/customer
  4. Control issues, unwillingness to share duties
  5. Irritability, suspiciousness or defensiveness
  6. Wheeler/dealer attitude
  7. Divorce/family problems

If you face any of these warning signs, it is important to take a closer look. If necessary, your organization may need to investigate these situations further because, as we all know, fraud can have a hefty effect on any organization.

Our forensic accountants are here to help. Contact one of our experts at (888) 388-1040.


Source: 2020 ACFE Report to the Nations