Monday, November 5, 2018

Embezzlement & Fraud




Suspecting someone of Embezzlement? Don’t jump to act to quickly. Here are some do’s and don’ts to remember thanks to Hiltz & Associates. 

A situation like this must be handled carefully and appropriately and an investigation takes time. When you are first looking into a situation, go to a professional for help. Hold off before contacting the police until you have confirmation and proof of the act. Do not confront or terminate the suspect. Be careful not to start snooping around the office and/or asking questions that could lead the suspect to think you are suspicious. This could cause them to destroy evidence you need to prosecute or cause the practice additional harm.  Do not call insurance companies asking questions. They may become leery as well and look in to an office audit which creates more headache for everyone.  Also, be careful not to make any changes to computer passwords, banking information or block the employees’ access to anything. This will also flag an alert that something is wrong.


There are a few important steps you should take when investigating fraud or embezzlement. Most importantly, try to keep things moving forward as normal. Do not to show anxiety or overall behavioral changes around the office.  Create a complete back up of your software system and take it out of the office. If you are unsure how to do this, get the help of someone who does. This type of investigation needs professional help. Do not try to take it on yourself. There are a few different experienced companies in the US that specifically deal with these issues. Lastly, it is good to know that no doctor has lost their license over being an innocent victim of fraud.  Take the steps necessary to investigate and resolve the issues, it will all work out.

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