GITNUX MARKETDATA REPORT 2024

Must-Know White Collar Crime Statistics [Current Data]

Statistic 1

"Financial statement fraud was the smallest but costliest category of occupational fraud, with a median loss of $954,000."

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Statistic 2

"Securities and commodities fraud accounts for approximately 17% of white-collar crimes in the United States."

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Statistic 3

"The conviction rate for white-collar crime cases is around 90%."

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Statistic 4

"Corporate fraud is the most commonly prosecuted type of white-collar crime in the US."

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Statistic 5

"Only about 4% of all white-collar criminals are prosecuted at a federal level."

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Statistic 6

"Organization fraud detection took 14 months on average to discover."

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Statistic 7

"Credit card fraud, as a subtype of white-collar crime, increased by 154% between 2012 and 2017."

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Statistic 8

"The average sentence for white-collar crime is around 23 months."

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Statistic 9

"Only about 41% of white-collar crimes are reported to authorities."

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Statistic 10

"Embezzlement is responsible for about 30% of all financial losses due to white-collar crime."

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Statistic 11

"Ponzi schemes represent about 15% of all white-collar crime cases."

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Statistic 12

"Roughly 70% of all white-collar crimes involve some form of technology or the internet."

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Statistic 13

"The FBI dedicates 12% of its budget to fighting white-collar crime."

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Statistic 14

"Cybersecurity incidents cost companies close to $600 billion globally each year."

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Statistic 15

"White-collar criminals are significantly less likely to serve prison time compared to violent offenders."

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Statistic 16

"White-collar crime costs the United States approximately $300 billion annually."

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Statistic 17

"80% of businesses experience some form of fraud at least once during their lifespan."

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Statistic 18

"About 50% of all embezzlement cases in organizations are committed by employees who were with the company for more than five years."

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Statistic 19

"Medicare and Medicaid fraud generates an estimated $60 billion in fraudulent claims annually."

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Statistic 20

"Around 60% of white-collar criminals are male."

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