ANALYSIS FRAUD VICTIM PROFILS IN VARIOUS REGION FOR ANTI-FRAUD CONTROL

Abstract

The purpose of this study is to analyze and explain the profile of fraud victims in various regions and their relationship to anti-fraud controls. This type of research is a qualitative descriptive study to analyze the trend of fraud victim profiles in various regions. The observation period for the fraud victim profile is based on the ACFE (Association of Certified Fraud Examiners) Report 2012-2024. The study findings show that profit-driven organizations have faced a greater number and higher average losses from fraud incidents compared to non-profit organizations during the last decade. In addition, smaller organizations with 100 employees or fewer tend to be more vulnerable to fraud risks than larger organizations. Over the past ten years, the financial and banking sectors have consistently recorded the highest occurrence of occupational fraud cases. Most of the anti-fraud controls that companies around the world need to pay attention to are internal controls, organizational culture, reward and punishment systems, as well as anti-fraud socialization and education.