In this eye-opening episode of the Dentalligenstia Podcast, hosts Nick Zagar and Remy Isdaner sit down with David Harris, CEO of Prosperident, the world’s leading dental embezzlement investigation firm. David shares fascinating and chilling insights into how dental practices are vulnerable to internal theft and what can be done to prevent it. From stories of embezzlement uncovered by chance to actionable strategies that can save dentists thousands, this conversation is a must-watch for anyone in the dental industry.
David recounts gripping cases, including one where a dentist’s gut feeling led to the discovery of over $150,000 in stolen funds and another where embezzlement by a staff member resulted in tragic consequences. With over 35 years in the field and endorsements from numerous state dental associations, David explains how Prosperident’s covert investigations uncover fraud, often preventing future losses.
Key Insights:
70% of dental practices will experience embezzlement during the dentist’s career.
Embezzlers often exploit trust and weak hiring processes.
Key red flags: Discrepancies in day-end and month-end reports, reluctance to share financial data, and unusual financial patterns.
Importance of pre-employment screening, including background checks, drug tests, and contacting previous employers directly.
“Articulation”: How reconciling daily and monthly reports can reveal hidden fraud.
Real-life cases where proactive steps saved practices from further theft.
Keywords: Dental embezzlement, dental fraud, Prosperident, dental practice management, embezzlement prevention, dental theft, employee theft, David Harris Prosperident, dental podcast, financial oversight, forensic investigation for dentists.
Connect with David Harris & Prosperident:
Website: www.prosperident.com
Phone: 888-398-2327
Don’t forget to like, comment, and subscribe for more episodes dedicated to helping dental professionals succeed in their practices.
YouTube Tags:#DentalPodcast #DentalEmbezzlement #DentalFraud #DentalPracticeManagement #Prosperident #DavidHarris #DentistTips #DentalBusiness #EmbezzlementPrevention #DentalTheft #ForensicInvestigation #DentalIndustry #DentalOfficeManager #DentalPracticeSecurity #NickZagar #RemyIsdaner #DentistAdvice #DentalProtection
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