Idaho is the 7th highest state for embezzlement losses, according to new research from Marquet International Ltd.
The study, which was released just before the turn of the new year, indicates that 2013 was "a gangbuster year" for U.S. embezzlers. This is the Marquet Report's sixth year
of analyzing insider theft in America.
Idaho was the 7th most vulnerable state in the U.S., according to the report, following Vermont; Washington, D.C.; West Virginia; Montana; South Dakota; and Virginia. Rounding out the top 10 were Oklahoma, Texas and Missouri.
The 2013 study looked at the 554 active cases nationwide where monies in the $100,000 range or higher were embezzled by employees. In Idaho the average loss from major embezzlement cases in 2013 was $1,686,250. All in, the study includes four major embezzlement cases in Idaho, totaling more than $6.7 million.
The lowest risk states, according to the study include Hawaii, Washington, Arizona, Iowa and Florida.