SEC charges ex-Digi CFO with securities fraud



By Jim Hammerand, Minneapolis-St.Paul Business Journal

“Federal regulators on Friday charged former Digi International Inc. CFO Subramanian “Kris” Krishnan, now the CFO of the National Marrow Donor Program, with securities fraud.

Krishnan, 58, resigned from Minnetonka-based Digi (Nasdaq: DGII) in 2010 during a probe into alleged violations of the company’s gifts, travel and entertainment policy in the Asia Pacific region by “a few employees,” whom the company did not identify. Digi was not charged in that investigation.”

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