Don't be a Victim of Embezzlement! (w/David Harris) [Ep.30]

DON’T MISS THIS EPISODE of The DOC Podcast with embezzlement expert David Harris!!  In this amazing episode we will discuss:• How David got involved in the embezzlement industry and how his ability to “think like a criminal” has helped him in his career.• The percentage of practices that have been embezzled AND the percentage of practices that have been embezzled on multiple occasions.• The most common reason why employees steal from employers.• Whether small or large practices/teams are more susceptible to embezzlement.• The key questions and steps to take during the interview process to minimize the risk of hiring an embezzler, including what to ask about a prospective employee during a reference check.• What all doctors need to know about their practice management software.• What reports to run, who should run them, and when they should be run.• The lowest hanging fruit for an embezzler.• Whether or not you are still susceptible to embezzlement if you don’t accept cash payments in your practice.• What financial articulation is and why it is essential.• The best way to set up discount codes to minimize the risk of embezzlement. • The critical steps you must NOT take if you suspect you’re a victim of embezzlement.• The degree to which onsite video cameras will help combat embezzlement.• What to do if you find out that an employee is stealing supplies from your office.• How David’s team at Prosperident can help you investigate a team member without them knowing about it.• The action steps to take once you have evidence that an employee has stolen from you.• Ways for you to recover the money that was stolen from you.• How much insurance you should have for embezzlement coverage.LINKS• David’s new book “Healers versus Stealers: How to Outsmart the Thief in Your Dental Practice” - https://www.amazon.com/Healers-Versus-Stealers-Outsmart-Practice/dp/1779410158• Dr. David Hughes webinar: https://www.prosperident.com/prosperident-webinars?c=dr-david-hughes-hidden-in-plain-sight• www.TheOrthoCoach.com