What happened to Dr Malouf?
Malouf has been ordered to pay about $16.5 million to the State of Texas by a district court judge. The court also found fraudulent billing for pediatric dentistry services that were actually provided by another dentist. This included billings filed while Dr. Malouf was on vacation, out of the country.
What was Richard Malouf doing in a Dallas courthouse?
Later that day I’d be in a downtown Dallas courthouse trying to figure out what was going on. Richard Malouf founded the All Smiles Dental Centers in Dallas, which he sold to a hedge fund shortly before the state began investigating him.
What is Malouf furniture?
A leader in the furniture and bedding industry, Malouf was founded in 2004 by Sam and Kacie Malouf and is headquartered in Logan, Utah. Malouf products are available in over 12,000 retail partner locations in the U.S. and its growing international team now serves over 20 countries.
How much did Malouf charge for braces in 2010?
In 2010, for instance, it billed the state for $10.2 million for orthodontics work performed at its 51 dental clinics, or three times the amount paid out for braces by the Medicaid program in Georgia. Texas Attorney General Greg Abbott sued Malouf and All Smiles in the summer of 2012 over allegations of Medicaid fraud.
Who is Richard Malouf?
Where was Richard Malouf born?
How did Richard Malouf make his money?
Richard Malouf founded the All Smiles Dental Centers in Dallas, which he sold to a hedge fund shortly before the state began investigating him.
What did Richard Malouf do?
Richard Malouf: He's been held responsible for 1,842 unlawful acts under the Texas Medicaid Fraud Prevention Act, according to WFAA. The Travis County district court found Malouf billed Medicaid for services that he did not deliver, including more than 100 claims he filed while vacationing out of the country.
Who owns the Malouf estate?
Mehrdad MoayediThat estate is on the market for $25 million, having been tastefully refurbished by the current owner, Mehrdad Moayedi.
Who is the richest dentist in the world?
Dr. Dan FisherThe List of TOP 10 Richest Dentists in the WorldRankDoctor's NameNet Worth (approx)#1Dr. Dan Fisher$ 1.1 Billion#2Dr. Richard Malouf$ 1 Billion#3Dr. David Alameel$ 900 Million#4Dr. Clint Herzog$ 100 Million6 more rows•Jan 4, 2017
Is Richard Malouf a billionaire?
He is a dentist and a successful entrepreneur who is having a billion dollar turnover. He was born on July 1st, 1965 in a small town called Herford and grew up in Texas.
Who owns the Texas mansion with a water park?
Forget Pools. Tony Parker's Sprawling $20 Million Texas Estate Comes With Its Own Waterpark.
What is the biggest mansion in Texas?
One of the nation's largest (and most expensive) ranch properties, Mesa Vista Ranch, is a sprawling 65,000-acre ranch located 85 miles from Amarillo. Its former owner, financier T.
Who is Mehrdad Moayedi?
Mehrdad Moayedi has been a fixture in the construction and residential development business for over 30 years, observing the real estate and market trends of North Texas to consistent success.
Who is richer dentist or doctor?
Dentists in some places are so well compensated that they earn more than the average doctor. According to a 2012 report in The Journal of the American Medical Association, the average hourly wage of a dentist in America is $69.60 vs. $67.30 for a physician.
What dentist do celebrities use?
Celebrity Gallery Los Angeles cosmetic dentist Kevin Sands, DDS has treated some of the most well-known celebrities in the world, including Kim Kardashian, Shaun White, Charlie Sheen, Elle MacPherson, George Lopez, and Britney Spears.
Can dentist Be A Millionaire?
Yes, I think it is possible to become rich from dentistry, but don't do it for the money. There are much easier paths to get rich if money is all you want. I would suggest business, internet marketing, investing. Maybe you should try that store out first and if it doesn't go well, then give dentistry a run.
Living Large on Medicaid Billings
Richard Malouf founded the All Smiles Dental Centers in Dallas, which he sold to a hedge fund shortly before the state began investigating him.
An Epic Estate With Every Amenity
But my gig was real estate, so all I was ever interested in was the house and the waterpark. The home is no longer owned by the Maloufs. I have since been inside the estate — all I can say is WOW. Here are some of the highlights:
Candy Evans
A real estate muckraker, Candy Evans is one of the nation’s leading real estate reporters. She is also the North Texas real estate editor for Forbes.com, CultureMap Dallas, Modern Luxury Dallas, & the Katy Trail Weekly. Candy has written for Joel Kotkin’s The New Geography, Inman Real Estate News, plus a host of national sites.
Company Bio
A leader in the furniture and bedding industry, Malouf was founded in 2004 by Sam and Kacie Malouf and is headquartered in Logan, Utah. Malouf products are available in over 12,000 retail partner locations in the U.S. and its growing international team now serves over 20 countries.
Lemonlight
Disclaimer: This company profile, and any rankings or statements within, are not an endorsement or recommendation of this or any other company. Statements made in this profile were provided by the company itself, and are not vetted or endorsed by Entrepreneur Media Inc.
Who is Richard Malouf?
Richard Malouf or Dr.Richard Malouf is the founder of All Smiles Dental Clinics in the USA and one of the richest dentist in the world. Dr.Richard is a Lebanese American.
Where was Richard Malouf born?
He was born on July 1st, 1965 in a small town called Herford and grew up in Texas. He was the 12th child. His father was a pauper. Richard Malouf did his undergraduate schooling at Texas State. He then applied to three dental schools in Texas and he accepted in all three dental schools.
