Showing posts with label All Smiles Budget. Show all posts
Showing posts with label All Smiles Budget. Show all posts

Monday, October 08, 2012

Richard Malouf’s Six Flags Over Malouf WaterPrik Park–Update!






Bio | Email

Posted on October 8, 2012 at 10:03 PM
Updated today at 10:03 PM

DALLAS — There's a different kind of skyscraper going up in one of Dallas' most exclusive neighborhoods on Strait Lane. Mavericks superstar Dirk Nowitzki, former Rangers owner Tom Hicks and even Mayor Mike Rawlings live close by.

This "skyscraper" is really a three-story water slide and lazy river in the backyard of Texas' most famous dentist. 

Dr. Richard Malouf made millions from putting braces on children under Medicaid. 

In a whistleblower lawsuit, the Texas attorney general says much of Dr. Malouf's work was fraudulent. All Smiles Dental Clinics — which Malouf founded and still owns part of — filed for bankruptcy earlier this year.

Work on the water park and an addition to Malouf's huge chateau on Strait Lane continues. malouf2

A turquoise pigtail of a water slide curls over the backyard and peeks through neighbors' trees. A five-foot wide, concrete-lined Lazy River water feature is taking shape below.

But a News 8 investigation finds the Bentley-driving Malouf has a history of being sued for failing to pay his bills.

Monday, August 20, 2012

All Smiles Dental Center’s Motion for Bonus Payments Revealed

Transparent as it was, on May 25, 2012, All Smiles Dental petitioned the court to allow for a Management Incentive Bonuses to be paid during bankruptcy procedures. [shaking head]

First they tried to establish the separation of the Professional Corporation and the plain ole Corporation, and the Debtors. Kind of like “church and state” but better. Keep the chart below handy as you follow along.

Debtors – All Smiles Dental Center, Inc. and AS Property Holdings, LLC
Inc. – All Smiles Dental Center, Inc.
PC – All Smiles Dental Professionals, P.C.


Inc, and PC believe that PC must exit the orthodontic practice in an expedited manner”. Inc will help PC do this in a manner consistent with the State Board of Dental Examiners rules. [Doc. 90, paragraph 6]

Debtors are asking that 8 “Key Employees” who are “vital” to the ongoing operations in assisting the PC’s exit the orthodontic business be given a bonus for their outstanding work, just in case they provide some. They argue, since other employees have quit or been fired, these “Great 8” have “asked” to take up the slack.

Debtors claim these 8 have been “efficient in the administration of the Debtor’s estate” and present that any reorganization of the company could not happen without them.

To reward these 8 outstanding people, Neil Minihane, (acting president) devised a “Management Incentive Bonus Plan, at Inc. to reward them for their efforts based on “specifically identifiable milestones”, up to $180,250.00, with installments up to $90,125.00. – [Doc. 90, paragraph 10]

Mr. Minihane believes PC cannot exit the fraudulent [they didn’t say they were fraudulent, of course, I did] orthodontics services without this bonus plan and paying the “Great 8” the proposed bonus is “necessary, reasonable and in the best interest of the Debtor’s estate.”

The plan is to make two payments to the “Great 8”. The first one is when Inc. converts PC over to strictly “general dentistry”. [Stainless Steel Crown manufacturers, gear up!] The payments will be at the discretion of Inc. 

Yes, I think we are understanding this correctly – Inc (debtor) wants to reward Inc (itself) with a bonus, since Inc (itself) has to follow Dental Board rules closing its “fraud” department (orthodontics).

Here is exactly what it says in Doc.90, paragraph 8 :

The Management Incentive Bonus Plan consists of two bonus payments. At the discretion of the Debtors' management, the first bonus payment will be payable upon the Debtors' successful management of PC's exit from orthodontic services. This is a key element to PC being able to shift its practice area to solely general dentistry, and hence, to the Debtors' reorganization into a company only supporting a general dentistry practice. The Debtors, with the critical assistance of the Key Employees, are currently working toward this goal. This includes labor-intensive tasks such as providing staff, record access, and logistics related to the orthodontists' preparation of letters to patients advising of termination of treatment or managing the SBDE professional dismissal process while managing the customer services issues with orthodontic patients and their families. Without the assistance of the Key Employees, PC would not be able to timely and professionally exit the orthodontic practice, resulting in significant additional costs to PC and the Debtors' estates arising from lack of organization and profitability in the orthodontic business at PC.

The second payout Inc wants to pay itself for work it already does, would take place when they Inc. exits the bankruptcy. They say, when PC stops its fraud (orthodontics) practices, the “Great 8” will still be “required in order to complete the myriad of tasks associated with the successful restructuring of PC as a general dentistry practice”. They further stated the Debtors believe they have demonstrated sound business judgment in this process and should be granted their motion for bonuses. [Doc 90, paragraph 20]

The motion stated, Inc will continue to do as it did before they filed bankruptcy – manage PC. By management of PC, Inc listed “properly restructuring the general dentistry practice, along with negotiating and managing the implementation of the Corporate Integrity Agreement contemplated in the State Settlement Agreement.”

Here is exactly what is said in Doc 90, paragraph 9:

At the discretion of the Debtors' management, the second bonus payment will be payable upon the Debtors' successful exit from bankruptcy, as evidenced by this Court's confirmation of a plan of reorganization. After the Debtors facilitate PC's exit from the orthodontic practice, the services of the Key Employees will continue to be required in order to complete the myriad of tasks associated with the successful restructuring of PC as a general dentistry practice managed by Inc. These services include, but are not limited to, removing Inc. personal property, turning over the facilities to the respective landlords, reorganizing the management operations to support the different PC needs, record relocation and organization, identifying and installing processes and procedures associated with the State Settlement Agreement Requirements,4 identifying the executory contracts and leases to be assumed or rejected by the Debtors, developing financial projections, identifying the amount of exit financing necessary, working through the myriad of patient and employee uncertainty issues associated with the bankruptcy process and answering general questions associated with the plan and with the Debtors' business.

The “Great 8” employees of Inc. are:
John Bevill – Operations Director – West (Former District Manger at Kool Smiles)
Esther Castaneda – HR Manager
John Garry – Controller – (Previous with – online mortgage broker)
Spring Helser – Doctor Recruiter – (used to work at CVS)
Diana Loft – Facilities Director – (PlainsCapital Bank, now at Chem-Aqua, left AS 7-2012 after 5 years of employment.
Michael Lozich – Chief Compliance Officer – LinkedIn page says he’s at Broadlane, Inc. since 2009, must need updating, here is press release he issued for All Smiles July 27, 2012)
John Morgan – VP of Information Technology – (Formerly Cano Petroleum, started AS in Aug. 2010)
Lisa Mullinix – Operations Director – East – (Former Regional Manager at Small Smiles)

Specifically the Motion told the court that the “…specific amount of the…payment each…will be eligible to receive will be based upon percentage of the …salary ranging from 15% to 25%.” They motioned for the details of the “Great 8” salaries and detail of the Management Incentive Bonus Plan be placed under seal by the court.

They further stated that, “seven of the Key Employees received offer letters upon the commencement of their employment proposing bonus payments consistent with this percentage of their salary. The remaining Key Employee did not receive such an offer letter. This Key Employee will be eligible to be paid a bonus at the low end of the percentage range.”

In other words, these employee were told they would receive bonuses when we hired them, and we still want to hand out bonuses, capeesh, Mr. Judge?

It was a great attempt to extort more money from the bank accounts of All Smiles Dental. However, 11 days later, On June 5, 2012, Inc. withdrew the Motion on June 5, 2012.

Imagine the danger All Smiles currently poses. Regional directors who were given lots of power and leeway from the top two Medicaid dental mills all under the Malouf roof! Shakes me to the core.

Lisa Mullinix was a Regional Director of Operations for Small Smiles Dental Centers. She is the person who came up with the “scripts” distributed to employees to stop parent from accompanying children back into the operatory.

Much more to come on Ms. Mullininx. Stay tuned.


All Smiles Dental - Motion to Implement Bonus Program for Staff During Bankruptcy Doc 90

Lisa Mullinix's script for office employees

Wednesday, July 11, 2012

Richard J. Malouf, DDS adjoining two homes! One $14-mil home isn’t big enough, I bet something else he has isn’t big enough either… Just saying…

Dr. Richard J. Malouf’s over inflated ego is reflected in his newest home addition. He’s adjoining two homes into one, and it will have a “lazy river” ride. I think it may be for practice for his “up the river” ride. But again I’m just guessing. 

Yes, this is the same Dr. Richard J. Malouf whose company stole millions of tax dollars and who has filed bankruptcy. Also the same one who the Texas Attorney General has filed lawsuits against to recover stolen funds.

Looks like Texas taxpayers may have a new “Six Flags Over Malouf” amusement park soon.

Richard J. Malouf, DDS - Adjoining two homes, to include lazy river ride. Practice for "up the river" ride?

Texas Attorney General, Greg Abbott, seeks to recover millions from Dr. Richard Malouf and All Smiles Dental Centers

In March Dr. Richard J. Malouf agreed to pay $1.2-million to settle fraud charges in Texas. That was just the beginning for Dr. Richard Malouf’s woes.

Dr. Richard J. Malouf and Valor Investment thought they could create enough shell companies to hide their flagrant fraud of the Medicaid system in Texas. They thought wrong.

Initial reviews of records seem to indicate 90% of the services for which Dr. Malouf and Valor billed Medicaid, did NOT meet standards and were unnecessary. In other words, 90% of Dr. Malouf’s income was stolen from taxpayers, not just Texas taxpayers but all taxpayers. (Medicaid is funded with both state and federal funds)

Laws in Texas, as in most states,  say that each defendant is liable for the amount of payment they obtained either directly or indirectly from unlawful acts-fraud. They are liable for:

  • Two times the amount of the payment,
  • Interest,
  • Fees,
  • Expenses,
  • Cost incurred by the AG and the Whistleblower to investigation and recover the stolen funds.

In two Whistleblower suits recently unsealed the following corporations, professional corporations or limited liabilities are named:

All Smiles Dental Centers – ASDC Holdings, LLC owned by Valor Private Equity in Chicago, IL.
All Smiles Dental Center, Inc owned by ASDC Holdings, LLC
All Smiles Dental Professionals, PC – Dr. Adrian Codel
Dr. Richard J. Malouf, DDS
Lewisville Smiles, PLLC
St. Francis Smiles, PLLC
Garland Road Smiles, PLLC
Jacksboro Smiles, PLLC
Jacksoboro Smiles by Wire, PLLC
Valleyview Smiles, PLLC
Plano Minyards Smiles, PLLC
Haltom City Smiles, PLLC
Haltom City Smiles, PLLC
Haltom City Smiles, PLLC dba All Smiles Dental & Orthodontics
Northwest Highway Smiles, PLLC
Fort Worth Smiles by Wire, PLLC
Garland Road Smiles by Wire, PLLC
Garland Road Smiles, PLLC dba All Smiles Dental and Orthodontics
S. Hampton Smiles, PLLC
Park Plaza Smiles, PLLC
Park Plaza Smiles, PLLC dab All Smiles Dental and Orthodontics
Richard J. Malouf DDS P.A
Richard J. Malouf, DDS P.C.
2009 Strait Land Family, L.P.
Camelia Family Limited Partnership
RGS Dental Management Services, LLC
RMAL Holdings, LLC
Discount Dental Supply, LLC
As Property Holdings, LLC
M5 Holdings, LLC
Hypermart Lot 6, LLC
Dr. Raffy Kouyoumdjian

(the guys highlighted should go on a no fly list, they may try to skip the country)

The number of people and companies Greg Abbott has named blows the number entities the Connecticut AG filed suit against in May off the charts – Conn AG files suit against dental practice over billing – 28 named. This would make for a great reality TV series – “Battle of the Attorney General’s” or '”Operation Bring Back the Bacon

Anyway, hats off to Texas AG Gregg Abbott for trying to bring the bacon back home. With any luck at all his office will be covered up with these suits.


April 2012 Ellis Whistleblower Lawsuit

June 25, 2012 Whistleblower suit

Castillo Whistleblower Lawsuit

Yes, Malouf is trying to escape these claims by filing bankruptcy. Let’s see how far that gets him in this case. Just remember, Salmon swim up stream.

Monday, June 04, 2012

All Smiles Dental Bankruptcy Update 6-4-2012

Wondering what’s happening at All Smiles Dental?  Here is their Schedules A thru H. A inside look at the company that Medicaid built.

Doc 71 All Smiles Dental Schedule A-G

Sunday, May 06, 2012

Disgraced Texas “All Smiles Dental Centers” & Dr. Adrian Martin Codel

Has anyone wondered who Valor Investment’s front man dentist happens to be, since Malouf no longer owned more than 50% of the centers, Valor needed a pretend owner to be on the various PLLC documents.

The “pretend” owner is Dr. Adrian Martin Codel, of Chicago, Illinois, Valor’s headquarters.

Adrian Martin Codel
All Smiles Dental – Texas
AC Dental – Chicago

Dr. Adrian Codel

DrAdrianCodelAfter graduating from Northwestern University Dental School's last graduating class in 2001, I went on to complete a General Practice Residency at the Illinois Masonic Medical Center.

This hospital based dental experience included training in IV sedation and Special Needs patient care in a clinical and O.R. setting. The public health component involved providing dental care on a mobile dental unit.

I enjoyed this aspect of dentistry so much, I stayed on as an attending dentist primarily on the mobile unit. Specifically, providing free urgent care to the homeless Chicago population Friday nights. In addition, I was an associate dentist for a pediatric dentist my first 3 years after receiving my GPR certificate.

In 2005, I purchased an existing dental practice and have been a solo practitioner in this urban community based practice since then.

In October 2010, I was approached by a colleague interested in making an equity investment in the largest provider of dentistry in the state of Texas. I agreed to consult him in this purchase and am currently the president/owner of All Smiles Dental Centers which oversees 38 clinics and 5 mobile units providing dental care to the undeserved population in Dallas and surrounding areas.

Now, unless Dr. Adrian Martin Codel is a complete imbecile, he knew he was breaking all kinds of Dental Practice Acts by doing this. I’ll give him kudos though; he at least admits he was approached to help with an “Equity Investment”.

I think he might have been approached before October 2010, his Texas dental license was issued in September 2010.

Now he’s linked up with the most outrageous, flamboyant criminal dental enterprise since Michael A., Eddie and Dan DeRose and their FORBA a/k/a Small Smiles. 

Hmm…All Smiles, Small Smiles, …. I’m thinking a nice jingle is in order!

Dr. Adrian M. Codel
Illinois Lic info:
Date Issued-10/29/2001

Texas Lic info:
Number – 0025986
All Smiles Dental Ctr –Abrams
6780 Abrams Rd. #207
Dallas, Texas 75231
312-217-9630Status - Active
Date Issued –09-14-2010
Disciplinary Actions- No
Permits – Nitrous-issued 10-12-2010

Friday, May 04, 2012

Dr. Richard Malouf and Dr. Adrian Codel partner in many of the All Smiles–Valor Investment Entities

All Smiles Dental Centers various Names, members, executives and agents.

All Smiles Dental Centers, Inc
All Smiles Dental Centers
All Smiles Dental and Orthodontics
All Smiles Dental, PA
All Smiles Dental Professionals*
Arlington Smiles by Wire, PLLC
AS Property Holdings, LLC*
Dallas Smiles, PLLC**
Discount Dental Services
Fort Worth Smiles by Wire, PLLC*
Fulton Road Smiles, PLLC**
Garland Road Smiles, PLLC8*,**
Garland Road Smiles by Wire, PLLC**

*Officer, Member, Director or Agent:
Richard Malouf,DDS
9090 Skillman St. Ste, 200C
Dallas, TX 75243



Haltom City Smiles, PLLC*,**
Jacksboro Smiles, PLLC*,**
Jacksboro Smiles by Wire, PLLC*,**, ***
Lewisville Smiles, PLLC*,**
Northwest Highway Smiles, PLLC*,**
NW Hwy Smiles by Wire, PLLC
Oak Cliff Smiles, PLLC
Park Plaza Smiles, PLLC*,**
Plano Minyards Smiles, PLLC*,**
S. Hampton Smiles, PLLC*,**
St. Francis Smiles, PLLC*,**
Valley View Smiles, PLLC

Adrian Codel,DDS
4901 LBJ Fwy, Ste 400
Dallas, TX 75244

*** Not listed on Bankruptcy Filings

Petition for Financing – who owns what and how much and how it happened.
Terms and Conditions of Financing
The Budget

As a side note here:

I bet Church Street is happy All Smiles filed and got my focus off of their big month of May. Sorry to disappoint. I’m still focused, as I have been for 4 plus years. CSHM simply should not have tied down and abused children to steal tax dollars.