If you only have an hour to understand dental embezzlement — what it is, how it happens, and what to do about it — this is the episode. Prosperident's David Harris, Wendy Askins, and Amber Weber, joined by special guests, deliver a concentrated masterclass on the most important things every dental practice owner needs to know about embezzlement.
Drawing on decades of combined investigative experience across hundreds of dental embezzlement cases, the team cuts through the noise to give you the highest-value insights: the warning signs, the prevention strategies, the common myths, and the steps you should take right now to reduce your practice's vulnerability.
Topics covered include:
Whether you are new to thinking about practice financial security or you are revisiting the topic, this episode is designed to be the most efficient and practical embezzlement education available in podcast form.
To learn more or to speak with a Prosperident investigator about your practice, visit www.prosperident.com or schedule a consultation at www.prosperident.com/meetwithdavid.
Timestamps:
0:00 - Introduction / Show open
3:48 - What dental embezzlement actually is and how common it really is
11:24 - The profile of a typical dental embezzler
19:00 - The most frequently used theft methods in dental practices
24:00 - Why embezzlement typically goes undetected for 18 months or longer
32:00 - The warning signs hiding in plain sight in most practices
40:00 - The internal controls that make the biggest difference in deterring theft
48:00 - What to do
56:00 - The investigation process and what to realistically expect
1:04:00 - How to recover, both financially and emotionally, after embezzlement is con
1:12:13 - Closing / How to contact Prosperident