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Mar 30, 2023
7:18
:15
am
Gustav
Truly Addicted User
Reported income of $780k in 2019
Is that even possible without being a case of doing every bit of unnecessary work possible?
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Gustav
Previous username
gustav88
Bio page
Gustav
Joined
Sep 8, 2010
Last login
Sep 20, 2024
Total posts
51,854 (8,781 FO)
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Messages
Author
Time
This is insane. Hundreds of thousands of credit card debt, crypto Ponzi scheme,
GRCoug
3/30/23 6:47am
His dental business was losing $120K per month?
donnerstag
3/30/23 6:51am
Was he not seeing any patients at all?
Indy Coug
3/30/23 6:53am
Even if had been working 120 hours per week, there is zero chance
donnerstag
3/30/23 6:55am
The article didn’t say “per month”
BYU'01
3/30/23 8:08am
Oh, he's good then
RealTaysomHill
3/31/23 8:56pm
I'm guessing he was overpaying salaries or rent?
ryebrye
3/30/23 6:54am
Paying himself too much most likely
AFCougK9
3/30/23 7:29am
You can’t pay yourself money you don’t have
Recipefordisaster
3/30/23 10:58am
You can when you own your own business. Pay yourself before you pay your bills.
AFCougK9
3/30/23 11:38am
0 dollars business income -100 dollar owner draw. Does not work. Simple math
Recipefordisaster
3/30/23 5:43pm
If a dental practice produces 900k in fees. Owner can pay himself too high of a
AFCougK9
3/30/23 6:22pm
When you own your own business, company money is your money. If you don't have
TailgateU
3/30/23 5:58pm
I own my own business and understand how he likely bankrupted the practice.
AFCougK9
3/30/23 6:24pm
Was he just putting in gold caps and not charging people?
HansMoleman
3/30/23 7:43am
I didn’t read “per month”
BYU'01
3/30/23 8:07am
It’s in the preview in the OP
donnerstag
3/30/23 8:58am
I get that. Nowhere in the article. I think the social media summary ≠ accurat
BYU'01
3/30/23 9:08am
It'd be even better if it was "per mouth"
ryebrye
3/30/23 12:30pm
I don't buy that figure.
coolblue
3/30/23 9:54am
They look so happy
SouthernBlueBlood
3/30/23 7:01am
Well we finally met someone who lost money in crypto
cougarbart
3/30/23 7:03am
RE: Well we finally met someone who lost money in crypto
moknowssports
3/30/23 8:21am
You've only lost it if you took it out. I still have diamond hands to the moon😂
Sparkling Delirium
3/30/23 8:49am
Doubt it
OMIllionaire
3/30/23 9:11am
Never trust a guy with a beard... well except Jesus. Always trust Jesus.
Methusaleh22
3/30/23 7:04am
Dan Smith thumbs'd down trusting Jesus. Have fun in Hades Dan. With all the
Methusaleh22
3/30/23 7:14am
Jesus has a beard yet Satan is clean shaved.... hmmmmmm....
VACOUGFAN
3/30/23 7:17am
You sure about that?
Methusaleh22
3/30/23 7:22am
I'd barely call that dirt on his chin a beard. But I agree that is Satan.
VACOUGFAN
3/30/23 7:25am
RE: You sure about that?
TailgateU
3/30/23 4:17pm
His first attempt to kill her was with a projectile button... any second now...
Methusaleh22
3/30/23 7:08am
Crap... I have a foot long beard... does this mean I'm going to kill my wife?
VACOUGFAN
3/30/23 7:10am
RE: Crap... I have a foot long beard... does this mean I'm going to kill my
Methusaleh22
3/30/23 7:15am
Can I just say how appalled I am about the anti-beard crowd here...
Jingleheimer
3/30/23 8:48am
Honor code is not the dress code. Beards should be allowed.
ParentingNotForSissy
3/30/23 9:15am
Brigham Young had a nice beard.
Mabuhay Coug
3/30/23 10:03am
Reported income of $780k in 2019
Gustav
3/30/23 7:18am
In my opinion, it’s very easy for a dentist to commit fraud. You go in for 1
Powerbait DPM
3/30/23 7:26am
I took my daughter to a dentist last year and they told me she had 11 cavities
25mphman
3/30/23 7:40am
Its a shame that there are those who lie and taint a great profession and public
Recipefordisaster
3/31/23 10:54pm
They always seem to have some new tech that isnt covered by insurance
panacablue
3/30/23 7:49am
Unfortunately where you are in ignorance and have to rely on the expertise
Joysey
3/30/23 8:08am
You can basically add any service to your list. Plumber, electrician, appliance
kotacoug
3/30/23 9:10am
Yup. Had a plumber come out to my house today. I need a flange replaced.
Powerbait DPM
3/30/23 11:28am
Dentist told me I needed a crown (but could technically get a filling that’d be
BYU'01
3/30/23 8:29am
Implant/crown is going to cost $3500, which also has failure rates to factor in
kotacoug
3/30/23 9:07am
Understand. My data has a sample size of 1 (hardly robust). But there is a real
BYU'01
3/30/23 9:48am
Dentists are squarely on the list of people that are mostly bad (or corrupt) at
Mitty
3/30/23 10:32am
These numbers don’t really add up. If they came from bankruptcy documents I
kotacoug
3/30/23 7:38am
His wife had three, yes 3, life insurance policies. Everybody take note. If a
Sparkling Delirium
3/30/23 7:26am
I expect the kids will; he won’t for sure
RWaters
3/30/23 7:28am
I'd be more worried about total insured amount, more than number of policies
Indy Coug
3/30/23 7:38am
“Slayer rule” - contingent beneficiaries get the benefit instead of him
DizzyBanshee
3/30/23 7:46am
I understand he wouldn't get anything. I guess it seems like the insurance
Sparkling Delirium
3/30/23 8:02am
Here's when the policies would not pay out -
DizzyBanshee
3/30/23 1:34pm
Thanks. That is what I was looking for.
Sparkling Delirium
3/30/23 2:46pm
That’s interesting because I know of a situation for #2 where the insurance did pay out
Odysseus
3/30/23 3:12pm
These are generalities- each company/policy will have specific exclusions
DizzyBanshee
3/30/23 3:52pm
You should have compassion for him, he is now a widower.
panacablue
3/30/23 7:49am
ok I'll try. Nope, didn't work.
qwerew
3/30/23 3:10pm
That's not true at all, I have 3 policies on my wife and 4 on myself
therock
3/30/23 9:05am
Do they? 3-4 policies on each spouse? That doesn’t seem normal.
kotacoug
3/30/23 9:11am
Most people nowadays just have a pre written gofundme request
King of Y
3/30/23 9:20am
RE: That's not true at all, I have 3 policies on my wife and 4 on myself
Sparkling Delirium
3/30/23 9:28am
Same. We each have 4-5.
Cougstreak
3/30/23 11:04am
my wife wanted to add an extra million to my life insurance. I said no in order
qwerew
3/30/23 9:37am
They did not mention his addiction to pornography, but other articles on him
King of Y
3/30/23 8:25am
I've got an uncle like this (not killing his wife crazy...). "Successful" estate planning lawyer who gambled away
TheLoneCougar
3/30/23 8:26am
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