Profiling Fraud, Fraudster, and Victim

Septarina Prita Dania  Sofianti; Andriana Andriana; Intan Fauzia  Az-zahra

doi:10.14414/jebav.v27i2.4502

Authors

Septarina Prita Dania Sofianti Universitas Jember, Jember, Jawa Timur, Indonesia
Andriana Andriana Universitas Jember, Jember, Jawa Timur, Indonesia
Intan Fauzia Az-zahra Universitas Jember, Jember, Jawa Timur, Indonesia

DOI:

https://doi.org/10.14414/jebav.v27i2.4502

Keywords:

Occupational fraud, Profiling, Fraudster, Fraud detection, Fraud prevention

Abstract

Globally, companies often face occupational fraud, which is considered the most damaging type of fraud for businesses, accounting for five percent of their annual income losses each year. Profiling is one effective technique for preventing and detecting occupational fraud. This process involves creating profiles of both fraud victims and perpetrators. This qualitative research, employing a descriptive study method, aims to analyze trends in victim profiles, types of fraud, and fraudster profiles over the past decade, using data from the Association of Certified Fraud Examiners (ACFE) for the years 2012–2022. The findings indicate that financial statement fraud results in the highest financial losses, despite being the least common type of fraud. Conversely, asset misappropriation is the most frequent type of fraud but results in the lowest financial losses. The most common profile of fraud perpetrators includes the following characteristics: male, aged between 31 and 45, employed in a non-managerial position, holding a bachelor's degree, having worked for one to five years, with no criminal history, and living beyond their means. Additionally, smaller firms are more susceptible to fraud, and organizations in the banking and financial sectors are particularly vulnerable to occupational fraud.

Author Biographies

Septarina Prita Dania Sofianti, Universitas Jember, Jember, Jawa Timur, Indonesia

Septarina Prita Dania Sofianti is a lecturer in the Faculty of Economics and Business at the University of Jember, Jember, Indonesia. She earned a bachelor of accounting (2006) in Faculty of Economics and Business at the University of Jember and his master of accounting in Faculty of Economics and Business at the Brawijaya University. Her current research mainly focuses on forensic accounting, auditing and financial accounting. She has published academic articles in the Journal of Islamic Marketing, International Journal of Economics Education and Development, International Journal of Business and Society, Journal of Relationship Marketing, Asia Pacific Journal of Marketing and Logistics, and Journal of Small Business Management. Author’s contact detail: Faculty of Economics and Business; University of Jember, Kalimantan Street, no 37, Jember, East Java, Indonesia, 68121.; +6287859397009; septarina.82@gmail.com
Andriana Andriana, Universitas Jember, Jember, Jawa Timur, Indonesia

Andriana is lecturer in the Faculty of Economics and Business, Department of Accounting at Universitas Jember. she earned my bachelor's degree in Accounting from Universitas Diponegoro (2005) and she master's degree from Universitas Gadjah Mada in 2009. Her currenlty research focuses on internal control in the public sector and fraud. I have published articles in journals including the International Journal of Scientific & Technology Research, Global Journal of Business and Social Science Review, e-Journal of Economics, Business and Accounting, Journal of Accounting, Economics and Business Management, and Financial: Journal of Accounting. Author's contact details: Faculty of Economics and Business; Universitas Jember; Jl. Kalimantan 37, Jember; +6281230488321; Andriana.feb@unej.ac.id
Intan Fauzia Az-zahra, Universitas Jember, Jember, Jawa Timur, Indonesia

Intan Fauzia Az-zahra is a fresh graduate with a major in Accounting. She earned her degree from the University of Jember. Her current article is focus on the subject of forensic accounting, fraud prevention, fraud detection, occupational fraud. These also align with her research topic interest. Author’s contact detail: Faculty of Economics and Business; University of Jember; Jl. Kalimantan Tegalboto No.37, Sumbersari, Jember, Indonesia; +6285855976248; intanfauzia2405@gmail.com

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