
Lori Bowman, a former employee of a Bellevue, Washington dental practice, was sentenced in federal court to two and a half years in prison for forging prescriptions and misusing her employer’s credit card to pay for her children’s private school tuition and other personal expenses. The total loss to the practice was approximately $175,000. The combination of prescription fraud and credit card misuse illustrates how embezzlement schemes can extend well beyond simple cash theft into multiple categories of financial misconduct simultaneously.
Source: U.S. Attorney’s Office, W.D. Washington — sentencing release (September 2012) (30 months, $174,336 restitution, and three years of supervised release for acquiring hydrocodone by fraud, access-device fraud, and aggravated identity theft — roughly 1,920 Vicodin ES tablets obtained on forged prescriptions).
Most dental embezzlement goes undetected for years—and the average loss is in the tens of thousands of dollars. Prosperident's First Look Financial Review can tell you right now whether your practice has a problem.