Fraud Prevention

The "Fraud Gods"

 

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fraudGUARD - "protect your livelihood"

 
 
Until now, the tools tools available to fraudsters were better than those used by the dentist.
Top Ten fraudGUARD Myths!

 fraudGUARD, your one-stop solution for fraud prevention and detection is now available in Canada from exclusively from Henry Schien Ash Arcona. (www.hsa.ca)

For more information on fraudGUARD - please click here 

If you require detailed information regarding fraudGUARD certification, please contact prosperident and we will be pleased to answer any questions you may have.

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fraud - dentistry's "hidden epidemic".

The prevalence of employee fraud in the dental profession is difficult to measure due to the clandestine nature of the crime itself. Frauds often plague a practice for years before detection and even then the crime must be reported to public authorities in order to become a valid statistic.

In our experience, we believe that more than HALF OF CANADIAN DENTISTS will be stolen from at least once during their career and 25% will be stolen from MORE THAN ONCE.

The dollar losses will range from thousands to hundreds of thousands.

Chances of recovery range from low to none


Our own case files support typical losses of $50,000 or more at the time of discovery and this is just the start. Business recovery, employee retraining, professional fees and damaged practice morale must be factored.

For every $1.00 a fraudster steals, it will "cost" the dentist twice that amount in direct and indirect costs just to break even. An example: let's say you lose $20,000 in direct theft, your losses can go to $60,000 or more by the time you factor in the hidden costs.)

 
     
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