Companies are losing 6 percent to fraud.

• Position: Survey Says - Brief Article

According to the Association of Certified Fraud Examiners' 2004 Report to the Nation on Occupational Fraud and Abuse, a typical organization loses 6 percent of its annual revenues to occupational fraud.

If multiplied by the U.S. Gross Domestic Product, which in 2003 totaled just under $11 trillion, it would translate into $660 billion in annual fraud losses, the ACFE says.

The report...