It is difficult to understate the cost of fraud. The ACFE estimates that the typical organization loses 5% of its revenue to occupational fraud alone, adding up to $3.5 trillion lost globally each year. In terms of Gross Domestic Product (GDP), that would make occupational fraud the 5th largest country on the planet, just behind Germany and well ahead of France, Brazil and the United Kingdom. Health care fraud also accounts for massive losses in the US. The National Health Care Anti- Fraud Association estimates that fraud accounts for between 3% and 10% of overall health care spending, or between $51 billion and $110 billion annually. Credit card fraud takes a massive toll as well. It is estimated that 7 cents of every $100 in credit card transactions are lost to fraud, accounting for nearly $1 billion each year. While the cumulative cost of fraud is massive, the cost of individual fraud cases is significant as well. The average fraud case costs businesses $140,000, with 20% of cases costing more than $1 million. The cost combined with the fact that small businesses are disproportionately the targets of fraud mean that nearly half of all victim organizations never recover from the loss, having to shut their doors forever. Although there are no exact figures on the number of jobs lost due to fraud, given the massive scale of fraud it seems reasonable to assume that tens of thousands of jobs, if not hundreds of thousands, are lost each year due to fraud. The human toll taken by fraudsters makes the job of the fraud examiner all the more important, and the need to equip them better all the more pressing.