It’s Not Just Cash That Gets Embezzled!!
Home > Media > Embezzlement Blog > It’s Not Just Cash That Gets Embezzled!!What You'll Learn
- A real Facebook post from a dentist who dismissed her embezzlement risk because most payments come through the credit card terminal and insurance checks, with cash rare and every entry reconciled against bank deposits daily.
- CEO David Harris's video breakdown of why that same daily credit-card-batch-to-bank-deposit reconciliation still leaves a practice exposed to theft.
- A pointer to Prosperident's Hall of Shame, which catalogs real embezzlement cases built on stolen credit card payments and insurance checks rather than cash.
- How Prosperident's First Look Financial Review audits every incoming-payment vector, not just cash, to surface these overlooked embezzlement risks.
It’s Not Just Cash That Gets Embezzled!!
Many dentists think that their vulnerability to embezzlement is limited to employees stealing cash that is received from patients. While any thief is happiest when cash is available to steal, they are quite capable of stealing other forms of payment as well.
Here is a facebook post where the dentist dismisses embezzlement because of low cash intake:
| Most of our payments are through credit card terminal and insurance check and once in a while pt pays in cash.. at the end of the day I check every single entry and batch report and matches with bank deposits . I am curious how else she can embezzle? |
This video from our CEO David Harris discusses that the problem is much bigger than cash theft.
Our Hall of Shame is full of descriptions of embezzlement where other types of incoming funds were stolen.
The Theft You Don't Recognize Is the Most Dangerous.
Prosperident's First Look Financial Review examines all embezzlement vectors—not just cash—to give you a complete picture of your practice's financial vulnerability.
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Many dentists think that their vulnerability to embezzlement is limited to employees stealing cash that is received from patients. While any thief is happiest when cash is available to steal, they are quite capable of stealing other forms of payment as well.
Here is a facebook post where the dentist dismisses embezzlement because of low cash intake:
| Most of our payments are through credit card terminal and insurance check and once in a while pt pays in cash.. at the end of the day I check every single entry and batch report and matches with bank deposits . I am curious how else she can embezzle? |
This video from our CEO David Harris discusses that the problem is much bigger than cash theft.
Our Hall of Shame is full of descriptions of embezzlement where other types of incoming funds were stolen.
The Theft You Don't Recognize Is the Most Dangerous.
Prosperident's First Look Financial Review examines all embezzlement vectors—not just cash—to give you a complete picture of your practice's financial vulnerability.
About the author
David Harris
Forensic CPA, CFE, CFF, FIADFE — Chief Executive Officer, Prosperident
David Harris is the Chief Executive Officer of Prosperident, the world's largest dental embezzlement investigation firm. A Forensic CPA, Certified Fraud Examiner, and Certified in Financial Forensics, he has led investigations into financial crime in dental practices since 1989 and speaks regularly to dental audiences across North America on detecting and preventing embezzlement.
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