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Crime > Frauds: Countries Compared

Ian Graham, Staff Editor

Author: Ian Graham, Staff Editor

Former WorldCom chairman Bernard Ebbers was convicted on March 15 of committing a US$11-billion fraud that led to the biggest bankruptcy filing in U.S. history. Found guilty of securities fraud, making false filings and conspiracy, Ebbers faces up to 85 years in prison.

According to the Association of Certified Fraud Examiners, fraud costs U.S. organizations more than US$400 billion each year.

The median loss caused by men, who commit 75 percent of the offenses, is US$185,000; the median loss caused by women is US$48,000. Losses caused by managers are four times bigger than those caused by employees. The median losses caused by executives are 16 times the size of those caused by employees.

An American corporate fraud task force, which pools resources from the Justice Department, the FBI, the SEC and other agencies, has secured more than 500 convictions on about 900 cases filed since its formation three years ago.

DEFINITION: Total recorded frauds. Crime statistics are often better indicators of prevalence of law enforcement and willingness to report crime, than actual prevalence.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 Germany 926,903 2002
2 United States 371,800 2002
3 United Kingdom 358,186 2002
Group of 7 countries (G7) average (profile) 284,931 2002
4 France 142,583 2002
5 South Korea 136,206 2002
6 Poland 94,817 2002
7 Canada 91,235 2002
High income OECD countries average (profile) 84,931.79 2002
8 Russia 81,470 2002
Eurozone average (profile) 69,074.83 2002
NATO countries average (profile) 68,446.44 2002
European Union average (profile) 64,974.71 2002
9 Mexico 61,970 2002
10 South Africa 56,232 2002
11 Italy 54,328 2002
12 Japan 49,482 2002
Europe average (profile) 47,685.34 2002
13 India 41,403 2002
14 Sweden 36,714 2002
15 Austria 31,326 2002
16 Czech Republic 25,423 2002
17 Hungary 25,281 2002
18 Netherlands 24,563 2002
19 New Zealand 21,807 2002
20 Finland 15,605 2002
21 Romania 15,466 2002
22 Spain 15,462 2002
23 Ukraine 14,634 2002
24 Norway 12,295 2002
25 Venezuela 11,741 2002
26 Turkey 10,696 2002
27 Switzerland 10,327 2002
28 Belgium 9,627 2002
29 Denmark 7,533 2002
30 Slovakia 7,492 2002
31 Bulgaria 6,902 2002
32 Thailand 6,831 2002
33 Peru 5,557 2002
34 Slovenia 5,336 2002
35 Hong Kong 5,090 2002
36 Zimbabwe 5,013 2002
37 Portugal 4,882 2002
38 Chile 4,751 2002
39 Morocco 3,605 2002
40 Croatia 3,586 2002
41 Bolivia 2,481 2002
42 Tunisia 2,304 2002
43 Belarus 2,226 2002
44 Lithuania 2,037 2002
45 Malaysia 2,000 2002
46 Costa Rica 1,849 2002
47 Estonia 1,802 2002
48 Burma 1,560 2002
49 Ireland 1,529 2002
50 Colombia 1,229 2002
51 Uruguay 1,209 2002
52 Kyrgyzstan 1,156 2002
53 Jamaica 1,149 2002
54 Azerbaijan 1,114 2002
55 Moldova 1,087 2002
56 Mauritius 914 2002
57 El Salvador 912 2002
58 Armenia 776 2002
59 Saudi Arabia 741 2002
60 Yemen 658 2002
61 Maldives 590 2002
62 Malta 574 2002
63 Latvia 573 2002
64 Republic of Macedonia 477 2002
65 Iceland 446 2002
66 Papua New Guinea 417 2002
67 Greece 391 2002
68 Zambia 349 2002
69 Panama 261 2002
70 Georgia 221 2002
71 Cyprus 200 2002
72 Oman 194 2002
73 Luxembourg 171 2002
74 Kuwait 140 2002
75 Seychelles 130 2002
76 Nepal 74 2002
77 Qatar 72 2002
78 Albania 38 2002
79 Dominica 32 2002

Citation

"Countries Compared by Crime > Frauds. International Statistics at NationMaster.com", The Eighth United Nations Survey on Crime Trends and the Operations of Criminal Justice Systems (2002) (United Nations Office on Drugs and Crime, Centre for International Crime Prevention). Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Crime/Frauds

Crime > Frauds: Countries Compared Map

NationMaster

Interesting observations about Crime > Frauds

Germany ranked first for frauds amongst Europe in 2002.
United Kingdom ranked second for frauds amongst European Union in 2002.
United States ranked second for frauds amongst High income OECD countries in 2002.
Japan ranked last for frauds amongst Group of 7 countries (G7) in 2002.
France ranked second for frauds amongst Eurozone in 2002.
Poland ranked first for frauds amongst Emerging markets in 2002.
Canada ranked #5 for frauds amongst NATO countries in 2002.
Russia ranked first for frauds amongst Former Soviet republics in 2002.
All of the top 2 countries by frauds are Christian.
Turkey ranked third last for frauds amongst Non-religious countries in 2002.

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Former WorldCom chairman Bernard Ebbers was convicted on March 15 of committing a US$11-billion fraud that led to the biggest bankruptcy filing in U.S. history. Found guilty of securities fraud, making false filings and conspiracy, Ebbers faces up to 85 years in prison.

According to the Association of Certified Fraud Examiners, fraud costs U.S. organizations more than US$400 billion each year.

The median loss caused by men, who commit 75 percent of the offenses, is US$185,000; the median loss caused by women is US$48,000. Losses caused by managers are four times bigger than those caused by employees. The median losses caused by executives are 16 times the size of those caused by employees.

An American corporate fraud task force, which pools resources from the Justice Department, the FBI, the SEC and other agencies, has secured more than 500 convictions on about 900 cases filed since its formation three years ago.

Posted on 16 Mar 2005

Ian Graham, Staff Editor

Ian Graham, Staff Editor

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