Asia Pacific region experiences largest median fraud loss: 2018 ACFE Report to Nations

The 2018 ACFE Report to Nations reveals $236,000 USD as the median cost of occupational fraud cases in the Asia Pacific Region with 220 cases analysed from 18 countries.

Corruption makes up 51% of cases with Energy, Manufacturing and Government sectors dominant. Tip lines again effective by aiding detection of 47% of the Asia Pacific cases and 50% of global corruption cases.

Top Red Flags - Living beyond means, unusually close relationship with vendor/customer, financial difficulties and having a 'wheeler-dealer' attitude.

For more see: https://s3-us-west-2.amazonaws.com/acfepublic/2018-report-to-the-nations.pdf