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ON OCCUPATIONAL FRAUD AND ABUSE

report TO THE nations . O N O C C U PAT I O N A L F R A U D A N D A B U S E. 2014 Global FRAUD Study ACFE /. report TO THE nations ON OCCUPATIONAL FRAUD AND ABUSE . /. 2014 GLOBAL FRAUD STUDY. Letter from the President & CEO. In 1988, Dr. Joseph T. Wells founded the ACFE with a stated mission to reduce the incidence of FRAUD and white-collar crime and to assist members in its detection and deterrence. Not long there- after, Dr. Wells directed an innovative research study into the costs, schemes, perpetrators and victims of OCCUPATIONAL FRAUD . Thus, the ACFE report to the nations on OCCUPATIONAL FRAUD and ABUSE was born. The first report , released in 1996, and each of its seven successors have reinforced the original mission of the ACFE by expanding the knowledge and understanding of the ways in which OCCUPATIONAL FRAUD occurs and the financial impact this threat has on organizations around the world.

2 REPORT TO THE NATIONS ON OCCUPATIONAL FRAUD AND ABUSE Letter from the President & CEO In 1988, Dr. Joseph T. Wells founded the ACFE with a stated mission to reduce the incidence of fraud and white-collar crime and

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