Feature Article
Embezzlement: It’s Easy To Do & Even Easier To Prevent! by Larry M. Guzzardo
Part 2
Preventive Measures You & Your Team Can Take To Help Protect Your Practice. Excerpt from Part 1 No one ever thinks it will happen to them. Believe me, it happens more often than you think, and often from the person you trusted the most. That’s right – embezzlement! Too often, doctors are shocked because they trusted their teams and did not feel it was necessary to have specific checks and balances in place. The answer to overcoming fraud can be simply stated. First, be aware of behavior trends of embezzlers. Second, exercise prevention through daily attention, controlled authority, and systematic access.
8 Dental Explorer | First Quar ter 2013
In Part 1, Larry asks a few “yes or no” questions to determine your vulnerability to a significant loss due to employee theft. In Part 2 he focuses on the preventive measures you and your team can take to protect your practice. You can view Part 1 online at w w w. issuu.com/atlantadental
“There’s a 75% chance that your practice will be embezzled during your dental career… don’t ever think it can’t happen to you!”