642 – Protecting Your LNC Business from Embezzlement: Key Signs and Prevention Strategies – Pat Iyer
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Email | RSS | https://podcast.legalnursebusiness.com/subscribe-to-podcast/
In today’s episode, we dive into a topic every business owner dreads: embezzlement by a trusted employee. While it’s easy to think it could never happen to you, embezzlement is more common than most realize—and it doesn’t always end in legal action or prosecution. Pat breaks down what embezzlement really means, shares real-life examples (including stories from attorneys and even a Girl Scout troop leader), and highlights subtle warning signs that something may be wrong within your own business. She offers practical, proactive steps to prevent fraud, from unannounced audits to dividing financial responsibilities, and guides you on what to do if you suspect someone is stealing from your company. Tune in for key strategies to protect your LNC business—because staying alert and empowered is your best defense.
What you’ll learn in this episode on Protecting Your LNC Business from Embezzlement :
- How embezzlement typically starts small—and what changes to look out for before it snowballs
- Common schemes: falsified overtime, cash skimming, and even professionals misusing trust funds
- Key red flags you might be missing, like missing paperwork, unexplained lifestyle upgrades, or employees resistant to taking vacations
- Detailed prevention tips: from routine surprise audits to dividing up job duties and securing financial access
- The critical first steps if you do suspect embezzlement, including why your initial moves need to be discreet and guided by an expert attorney
- How does medical illustration assist attorneys and juries in understanding complex medical cases?
- What unique approach does Annie Gough use in creating her medical illustrations for legal cases?
- How are sensitive topics and anatomy addressed through medical illustration in litigation?
- What example does Annie Gough give to show how medical illustrations can simplify and visually enhance the storytelling of a medical case in court?
Listen to our podcasts or watch them using our app, Expert.edu, available at legalnursebusiness.com/expertedu.
Get the free transcripts and also learn about other ways to subscribe. Go to Legal Nurse Podcasts subscribe options by using this short link: http://LNC.tips/subscribepodcast.
Is this you?
“I get confused about the difference between screening cases and writing expert reports.”
You’re not alone!
Step into the role of a legal nurse consultant and experience the process of analyzing a nursing malpractice case.
This interactive workshop is designed for LNCs who want practical experience in case evaluation, medical record analysis, and identifying deviations from the standard of care. You’ll work through a real case, receive targeted instructions, and engage in small group activities to sharpen your clinical and legal skills.
Live session June 5, 2025 from 10 AM to 4:30 PM Eastern
Your Presenter for Embezzlement
Pat Iyer
Pat Iyer is a seasoned legal nurse consultant and business coach renowned for her expertise in guiding new legal nurse consultants to successfully break into the field. As the host of the Legal Nurse Podcast, Pat addresses critical challenges that legal nurse consultants face, such as difficulty in landing clients and lack of response from attorneys. Through her insightful episodes, she emphasizes the importance of effectively communicating one’s value to potential clients. With a wealth of experience, Pat has empowered countless consultants to overcome these hurdles and thrive in their careers.
Connect with Pat Iyer by email at patiyer@legalnusebusiness.com