Tag: annual cost
Employee Fraud Costs U.S. Businesses $50 Billion Annually
U.S. businesses lose a staggering $50 billion each year to employee fraud, a silent epidemic eroding profits and shareholder value. This crime, often committed...
Check Fraud Costs U.S. Businesses $20 Billion Annually
Check fraud costs U.S. businesses a staggering $20 billion each year. This financial crime, often overlooked in the digital age, continues to drain resources...
Fare Evasion Costs U.S. Transit Systems $3 Billion Annually
Every year, U.S. transit systems lose an estimated $3 billion due to fare evasion. This pervasive issue, which involves passengers intentionally avoiding payment for...
Public Corruption Costs U.S. Taxpayers $140 Billion Annually
Public corruption crimes siphon $140 billion annually from U.S. taxpayers, according to the Association of Certified Fraud Examiners. This staggering figure represents more than...