{"id":70,"date":"2013-08-16T19:00:55","date_gmt":"2013-08-16T19:00:55","guid":{"rendered":"http:\/\/onlyfordentists.com\/blog\/?p=70"},"modified":"2013-09-24T20:13:31","modified_gmt":"2013-09-24T20:13:31","slug":"warning-signs-that-your-employees-are-stealing-from-you","status":"publish","type":"post","link":"https:\/\/onlyfordentists.com\/blog\/2013\/08\/warning-signs-that-your-employees-are-stealing-from-you\/","title":{"rendered":"Warning Signs That Your Employees Are Stealing From You"},"content":{"rendered":"

\"Fraud<\/a>In dental practices, like in any business, fraud can go on undetected for a long time if the warning signs are ignored.\u00a0 Some of the common warning signs of fraud are:<\/p>\n

    \n
  1. A sudden unexplained shortage in the cash account.<\/em><\/strong> It can lead to checks being returns, late tax payments, and supplier complaints of lack of payment.<\/li>\n
  2. A drop in patient fees and profit margins.<\/em><\/strong> The fraudster may not be recording patient fees in the practice management system and pocketing the fees.<\/li>\n
  3. Missing transactions.<\/em><\/strong> In the unrecorded patient fees schemes, the fraudster will end up destroying patient records to conceal their theft.<\/li>\n
  4. In a<\/strong><\/em> lapping scheme<\/em><\/strong>, where one patient\u2019s payments are posted to another patient\u2019s account to conceal the employee\u2019s earlier theft. It would always be a good idea to spot check deposits to accounts receivable to insure that the name on each check agrees with the posting in accounts receivable.<\/li>\n
  5. A sudden change in the employee\u2019s lifestyle<\/em><\/strong> which is extravagant and without explanation.<\/li>\n
  6. When patients\u2019 receivables are skimmed,<\/em><\/strong> many accounts will go into delinquency. There will be an increased number of complaints by patients who received a statement with an erroneous balance.<\/li>\n
  7. Fraudsters may issue false write-offs or discounts to cover skimming.<\/em><\/strong> An unusually high number of unauthorized adjustments and discounts can be an indication of employee theft.<\/li>\n
  8. The employee who is committing the fraud will usually be very territorial, works long hours and never takes time off.<\/em><\/strong><\/li>\n<\/ol>\n

    If you recognize any of these signs as occurrences in your dental office and believe your practice could be a victim of fraud, please contact<\/a> us.<\/p>\n","protected":false},"excerpt":{"rendered":"

    In dental practices, like in any business, fraud can go on undetected for a long time if the warning signs are ignored.\u00a0 Some of the common warning signs of fraud are: A sudden unexplained shortage in the cash account. It can lead to checks being returns, late tax payments, and supplier complaints of lack of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[15],"tags":[],"class_list":{"0":"post-70","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-bookkeeping","7":"entry","8":"has-post-thumbnail"},"_links":{"self":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts\/70","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/comments?post=70"}],"version-history":[{"count":7,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts\/70\/revisions"}],"predecessor-version":[{"id":114,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts\/70\/revisions\/114"}],"wp:attachment":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/media?parent=70"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/categories?post=70"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/tags?post=70"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}