The Dental Truth Project

Serial Embezzlers Are Job-Hopping Through Dental Practices—Is Yours Next? (E.17)


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David Harris, CEO of World's Largest Dental Forensic Accounting Firm, Drops a Bombshell: 70% of Dental Practice Owners Will Be Embezzled—And the Bigger You Grow, the Worse It Gets.

 

David Harris reveals the shocking truth dentistry doesn't want to admit: If you own 20 practices, there's an 80% chance someone is stealing from you RIGHT NOW. The digitization of payments didn't make dental practices safer—it created a goldmine for thieves. That "gold jar" in your operatory? It holds $15,000 while you obsess over the $800 cash drawer. And here's the kicker: 100,000 serial embezzlers are circulating through dental practices across America, hopping from office to office because DSOs are too hungry for "experienced" staff to screen properly.

 

Key Revelations:

The Guardian Who Steals

  • Most embezzlement in dental practices is committed by the office manager—when the guard steals and has no oversight, they get away with it every time
  • Reports are abstractions—thieves exploit "selective reporting" to hide their tracks
  • DSOs are so hungry for "experienced" staff, they skip proper pre-employment screening
  • Most theft today isn't cash—it's diverted credit card payments, manipulated adjustments, and phantom bonuses
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    💡 The "Ask Ken" Question:

    "My collections are growing, but I don't feel richer. Where is all the money going?"

     

    Ken's answer: You're likely suffering from working capital pinch—growing accounts receivable while paying vendors too quickly.

    David adds the brutal alternative: Someone might be stealing from you. If your organization isn't growing but has this problem, embezzlement is your #1 suspect.

     

     

    Got a burning question about dental finance?

    Submit your question, and it could be featured in a future episode.

    Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project

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    The Dental Truth ProjectBy The Dental Truth Project