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Forensic Accounting, Forensic Techniques, and Fraud Detection Copyrighted 2001 D. Larry Crumbley, ... - page 45 / 352

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© D.L. Crumbley

Fraud Multiplier

Employee Fraud = $ for $ reduction in net income

Suppose $100,000 bottom line reduction.

Suppose 20% profit margin

How much new revenue needed to offset the lost income?

$100,000 = $500,000

   20%

So ACFE says $600 billion lost per year.

$600 billion = $3 trillion needed revenue

   20%

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