The detection of faults related to the optimal condition of induction motors is an important task to avoid the malfunction or loss of the motor, thus avoiding high repair or replacement costs and faults in the efficiency of the process to which they belong. These faults are not limited to a single area; mechanical and electrical problems can cause a fault. Specifically, the bearing of a motor is subjected to several effects that cause bearing faults, which cause significant breakdowns in the machinery. This article proposes a methodology for detecting bearing faults on an induction motor. The first part of the methodology uses a signal processing method called empirical wavelet transform (EWT), which decomposes the vibration signal into multiple components to extract a series of amplitude and frequency modulated components (AM-FM) with a Fourier spectrum. First, the vibration signal data are collected in a normal operating condition and the other with bearing damage due to perforation. Then, three types of goodness-of-fit tests are used, Kuiper, Kolmogorov–Smirnov, and Pearson chi-square, to classify the signals and determine which ones belong to a damaged engine. Finally, the experimental results show that the EWT in conjunction with the proposed goodness tests achieves competitive precision and efficiency in diagnosing induction motor-bearing faults.