Fraud and embezzlement has become one of the fastest growing “careers” in our country for at least the last 20 years. National attention was brought to this growing epidemic on Monday, January 15, 2018 when USA Today featured on the front page an excerpt of a Detroit Free Press article entitled: “Embezzlement Plagues Union Offices […]
Don’t Get Embezzled – Podcast with Howard Farran
Howard Farran runs a popular podcast series called “Dentistry Uncensored.” I had the honor and privilege of being a guest on his program to share my knowledge and viewpoint on dental embezzlement, fraud, waste and abuse. Topics include: New and innovative embezzlement schemes. Portrait of a weasel – what does a dental embezzler look like? […]
Hiring an Accountant to Keep All Your Worth
By Michael L. DeVries, CFP®, CHBC, EA I received a call from a client for whom I was doing monthly accounting. At that time, our services for the client consisted of compiling monthly financial statements, filing quarterly payroll tax returns, annual company returns, and assisting him with various practice management projects. The call I received from […]
Protect Your Practice from Team Member Embezzlement and Abuse with a Fidelity Bond
Facts prove that 80% of business embezzlement, fraud and abuse happens internally by team members! The Association of Certified Fraud Examiners states that team member dishonesty can range from tens of thousands to millions of dollars. Our 20 years of investigating dental and medical practices and nonprofits across Canada and the United States have proven […]
Spotting a Weasel: The Personality of a Dental Embezzler – Part II
By Bryant Truitt, MBA, CCS, CFE and Barbara Freet, PHR The following is the second part of our six part series on Spotting a Weasel – the Personality of a Dental Embezzler. The common thread in this group of three RED FLAGS are the outside influences that may motivate a team member to steal from […]
