How is Richard Malouf so rich?

How is Richard Malouf so rich?

Aside from being a dentist, Dr. Malouf is a very successful entrepreneur. He is responsible for giving the cool factor to dentistry. He owns two private jets, a million-dollar estate, expensive cars, and much more.

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, a former owner of All Smiles Dental Center, has been held responsible for 1,842 unlawful acts under the Texas Medicaid Fraud Prevention Act, according to a Travis County district court.

How old is sunny Malouf now?

16-year-old
Sunny Malouf is a 16-year-old singer-songwriter, dancer and actress with a massive online following. At the time of writing, she has 1.1 million Instagram followers and 95,500 YouTube subscribers.

How did Dr Dan Fisher get so rich?

(CEO and President of Ultradent) Dan is one of the richest most dentists at the world level. He has created a dental empire. He started his company from his home and from there it has grown into a multimillion-dollar dental products company. He is the President & CEO of Ultradent Dental & Health Products.

Who is Richard Malouf and what did he do?

Richard Malouf founded the All Smiles Dental Centers in Dallas, which he sold to a hedge fund shortly before the state began investigating him.

How much did Malouf have to pay the state of Texas?

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.

Why did Texas Sue Malouf and all smiles?

Texas Attorney General Greg Abbott sued Malouf and All Smiles in the summer of 2012 over allegations of Medicaid fraud. 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.

How did Dr Malouf Dodge the fraud charges?

Dr. Malouf dodged the fraud charges for years. He hired teams of attorneys, donated $10,000 to a Dallas DA Craig Watkin’s campaign who happened to also be investigating him (the funds were returned), went to court, and sued everyone who crossed his path.