Fraud and abuse costs U.S. organizations more than $400 billion annually. The average organization loses more than $9 per day per employee to fraud and abuse. The average organization loses about 6% of its total annual revenue to fraud and abuse committed by its own employees. The median loss caused by males is about $185,000; by females, about $48,000. The typical perpetrator is a college-educated white male. Men commit nearly 75% of the offenses. Median losses caused by men are nearly four times those caused by women. Losses caused by managers are four times those caused by employees. Median losses caused by executives are 16 times those of their employees. The most costly abuses occur in organizations with less than 100 employees. The education industry experiences the lowest median losses. The highest media losses occur in the real estate financing sector. Occupational fraud and abuses fall into three main categories: asset misappropriation, fraudulent statements, and bribery and corruption.