Heather and Terry Dubrow reveal $2 million scam loss, credit savvy comeback

Reality-television couple Heather and Terry Dubrow say they lost about $2 million in a financial scam tied to an accountant linked to a criminal enterprise. They discussed the incident on their joint podcast, Between Us, explaining that a man they trusted to manage their finances presented himself as a certified public accountant but was in fact a tax preparer with limited experience. The scheme centered on renting out apartments that would be leased to generate profits tied to the World Cup.

Heather Dubrow, an actress and Real Housewives of Orange County star, said the couple had co-mingled their finances during a period of rising earnings from television work, her acting career, and real estate investments. They were drawn into the venture by a adviser who appeared credible, only to discover that the man lacked proper credentials and that the operation was fraudulent. The loss amounted to roughly $2 million before the scheme was uncovered.

The Dubrows say the experience was a turning point in how they handle money. Heather described it as a blessing in disguise that made them more involved in their finances and more cautious about investment strategies moving forward. Terry, a renowned plastic surgeon, noted that their current wealth stems not just from what they have earned but from how they have managed and grown it over time, highlighting the role of disciplined money practices and the power of compounding interest.

Despite the setback, the couple said they are now thriving financially thanks to a mix of investments, career earnings, and real estate ventures. They emphasized that their wealth has been built through smart decisions rather than a single source of income, and they warned that scrutiny and careful vetting of financial partners remain essential.

Last month, the couple closed a deal on a 9,000-square-foot Beverly Hills mansion after listing it for $25 million in March. TMZ reported that the property was sold to a non-celebrity buyer from outside the United States for $16.5 million. The sale is cited as part of their ongoing real estate strategy, which includes occasional moves toward more modest, apartment-style living as their four children reach adulthood.

Heather and Terry noted on the podcast that they intend to travel more in the coming years and that a shift toward a lower-maintenance lifestyle aligns with the children’s milestones. Three of their four children have reached adulthood and moved out: 21-year-old twin sons Nick and Max, 18-year-old daughter Kat, and 14-year-old son Ace. The couple has used social media and public appearances to share updates on their family and financial philosophy, including separate mentions of advisers and real estate partners who have supported their long-term plan.

On the real estate front, Heather previously acknowledged on social media that Josh Altman of Bravo’s Million Dollar Listing represented them in related matters, and Altman indicated the couple’s focus has moved toward a more apartment-based lifestyle. The mix of public appearances, family milestones, and financial updates underscores the Dubrows’ ongoing effort to balance high-profile careers with prudent money management in the face of past fraud.