Friday, December 19, 2014

The 2013 Marquet Report on Embezzlement Has Been Released

The long overdue 2013 Marquet Report on Embezzlement has finally been released.  A huge amount of effort went into getting this report completed.  The report is chock-a-block with information, statistics and analysis.  We trust that it adds to the knowledgebase around the issue of employee theft.

 Some interesting findings in the 2013 report include:
  • 2013 highest rate of employee theft in 6 years of publishing this report;
  • Vermont tops list of highest risk states for 2013; DC, WV, MT & SD follow Vermont, respectively;
  • Financial institutions, government entities and non-profits hardest hit;
  • Gambling addiction seen as a factor;
  • Credit Unions continue to be frequent victims; and,
  • Forged/unauthorized checks most common scheme employed by embezzlers.
We must thank Dr. Kelly Richmond Pope, associate professor at the School of Accountancy and MIS at DePaul University, along with her graduate-level forensic accounting class, Principles of Forensic Accounting.  Dr. Pope and her 40+ graduate students worked tirelessly this past semester to help us gather the data necessary to publish The 2013 Marquet Report on Embezzlement.  Without Dr. Pope and her students’ assistance, we may not have been able to produce this year’s report.  Dr. Pope, an expert in white collar fraud in her own right, is the creator of the award winning educational white-collar crime documentary Crossing the Line: Ordinary People Committing Extraordinary Crime and the upcoming documentary All the Queen’s Horses which chronicles the major embezzlement case involving Rita Crundwell and the town of Dixon, Illinois.  I recommend everyone check these out.

Go to and register for access to this report and all of our other white papers, including the prior Marquet Embezzlement Reports or e-mail us at    We encourage feedback, comments, questions, constructive criticisms and suggestions.

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