Lucrative embezzlement schemes perpetrated by individuals trained in the management of your books are very real threats. This is not just the stuff of crime novels. The term white-collar crime makes it sound so clean and victimless. The opposite is true. This is a crime that can ruin practices and lives. As you work harder to dig out from the hole, the stress associated with a … [Read more...] about Preventing Fistful of Dollars Embezzlements
Medical Practice Embezzlement
Preventing Embezzlement of Large Ticket Items
There are more ways to separate you from your money than you can imagine. Some are small and seemingly trivial (see Prevent Embezzlement by Sweating the Small Stuff). Other methods are bigger and more costly. Big-Ticket Theft Big-ticket theft is a less common but important and potentially very costly form of embezzlement. Simple theft is extremely common in the … [Read more...] about Preventing Embezzlement of Large Ticket Items
Prevent Embezzlement by Sweating the Small Stuff
There are more ways to separate you from your money than you can imagine. Novel embezzlement strategies occur but are likely rare. Much more frequently, a trusted staff member will resort to one of the tried and true methods. These approaches can be countered. Even novel or complex schemes can be slowed. Understanding the common approaches to embezzlement helps guide your … [Read more...] about Prevent Embezzlement by Sweating the Small Stuff
The Dollars and Sense of Preventing Embezzlement
Petty Theft Can Hurt Too Embezzlement opportunities are certainly not limited to the theft of items, both large and small. The word embezzlement makes most of us think of money— where the bigger risks lie. Simple petty cash theft and complex financial schemes take their toll. Embezzlement robs your practice (you) of its (your) hard-earned profits. In the more egregious … [Read more...] about The Dollars and Sense of Preventing Embezzlement