This year’s most scandalous frauds incurred billions in losses and deeply impacted many lives. They also focus our attention on what goes wrong when organizations eschew vital anti-fraud fundamentals. Whether it’s defrauding government regulators or failing to employ proper cybersecurity protocols, many of the cases on this year’s list spotlight the severe consequences of acting unethically or lacking solid anti-fraud controls.
Fraudsters work year-round to perpetrate their schemes; we work year-round tracking and compiling those fraud cases as they’re reported in the news. We tap the expertise of our Advisory Council — a dedicated group of ACFE members who advise us on numerous anti-fraud matters — to vote on the most scandalous cases. Here are the most scandalous fraud cases of 2024.
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