Former Digi CFO Accused of Securities Fraud
The former Chief Financial Officer of Digi International Inc. has been hit with securities fraud charges that allege he illegally approved corporate funds for personal use for half-a decade. According to the U.S. Securities and Exchange Commission, now-58-year-old Subramanian Krishnan secretly approved expenses from top executives at Digi by sending the requests through Digi’s Asia Pacific regional office in Hong Kong. This went against the company’s policy, which