How Embezzlers Think and Act Post Pandemic

Episode length: 1h 11m  |  Published: 2021-04-23

The COVID-19 pandemic disrupted nearly every aspect of dental practice — including how embezzlement happens. Prosperident's David Harris, Wendy Askins, and Amber Weber examine how the events of 2020 and 2021 changed the financial threat landscape for dental practices, and what practice owners need to know as they navigate the post-pandemic environment.

Topics covered include:

• How the pandemic disrupted the financial oversight routines of dental practices
• New embezzlement methods that emerged or accelerated during COVID-19
• How government relief funds (PPP, EIDL, etc.) became a new theft vector
• The relationship between financial stress — both practice and employee — and theft
• How staff changes during the pandemic created oversight gaps
• Why post-pandemic practice busyness makes embezzlement easier to hide
• Emerging patterns in how embezzlers are operating in 2021 and beyond
• The specific countermeasures that address post-pandemic theft patterns
• How to rebuild financial oversight systems that may have eroded during closures