The Fraud of Digi Corporation
The Fraud of Digi Corporation
For Fraud Examination
The Fraud of Digi Corporation
Suramanian Krishnan, better known as Kris Krishnan was once the CFO of Digi Corporation based in Plymouth, Minnesota. He was a graduate of Bangalore University who further studied at Minnesota State University and finished up at the Wharton School of Finance. His career began back in 1979 at Hansen Company as a CPA, and he soon moved though several positions as an International tax manager at Eco Lab and Director at Valspar paint. His last appointment prior to Digi was at Lawco Financial, as CFO of a private investment-banking firm that provided financial advisory services.
He self describes himself on his linkedin.com page as, ” An international leader and visionary who sets the course for organizational growth and transformation. Develops and drives strategy through external alliances, internal relationships and high performing teams. Champion of various enterprise wide initiatives. Recognized for aligning all objectives across functions including: operations, technology, sales and marketing, and finance to the mission of the organization. Leads organizations through global M&A evaluation and integration activity. Kris is known for getting things done with a sense of urgency and focus. Kris works effectively with people across cultures especially in the Asian and European markets. In business discussions in Asia and the Middle East, uses Eastern cultural thinking combined with the Western way of doing business.” (Krishnan) This makes you ponder what the Western way of business exactly might be.
He landed on the doorstep of Digi Corporation back in January of 1999 as the Vice President of Finance and endured an almost 12-year tenure ending as CFO and Treasurer. Digi is a Minnesota based company that distributes Internationally a large variety of wireless products so that computers can communicate with one another and provide efficiency; they also provide
For Fraud Examination
The Fraud of Digi Corporation
Suramanian Krishnan, better known as Kris Krishnan was once the CFO of Digi Corporation based in Plymouth, Minnesota. He was a graduate of Bangalore University who further studied at Minnesota State University and finished up at the Wharton School of Finance. His career began back in 1979 at Hansen Company as a CPA, and he soon moved though several positions as an International tax manager at Eco Lab and Director at Valspar paint. His last appointment prior to Digi was at Lawco Financial, as CFO of a private investment-banking firm that provided financial advisory services.
He self describes himself on his linkedin.com page as, ” An international leader and visionary who sets the course for organizational growth and transformation. Develops and drives strategy through external alliances, internal relationships and high performing teams. Champion of various enterprise wide initiatives. Recognized for aligning all objectives across functions including: operations, technology, sales and marketing, and finance to the mission of the organization. Leads organizations through global M&A evaluation and integration activity. Kris is known for getting things done with a sense of urgency and focus. Kris works effectively with people across cultures especially in the Asian and European markets. In business discussions in Asia and the Middle East, uses Eastern cultural thinking combined with the Western way of doing business.” (Krishnan) This makes you ponder what the Western way of business exactly might be.
He landed on the doorstep of Digi Corporation back in January of 1999 as the Vice President of Finance and endured an almost 12-year tenure ending as CFO and Treasurer. Digi is a Minnesota based company that distributes Internationally a large variety of wireless products so that computers can communicate with one another and provide efficiency; they also provide
Cited: Digi Corporation. (n.d.). Digi International Announces Completion of Investigation. Retrieved from Did Your M2M Expert: www.digi.com/news/pressrelease?prid=737 FCPA Professor. (n.d.). Two Scoops of Opaqueness. Retrieved from www.fcpaprofessor.com: www.fcpaprofessor.com/category/subramanian-krishnan# Hammerand, J. (n.d.). Krishnan out as CFO at National Marrow Donor Program; took leave after SEC charges. Retrieved from www.bizjournals.com: http://bizjournals.com/twincities/blog/law/2013/02/krishnan-out-at-national-marrow-donor.html Krishnan, S. (. (n.d.). Subramanian (Kris) Krishnan Global Business Executive Seeking to Empower People to Overcome Adversity. Retrieved from Linkedin: https://www.linkedin.com/in/kriskrishnanglobalexecutive Sox-Online.com. (n.d.). Sarbanes-Oxley Essential Information. Retrieved from Sox Online: http://www.sox-online.com/basics.html U.S. Securities and Exchange Commission. (n.d.). The Laws that Govern the Securities Industry. Retrieved from U.S. Securities and Exchange Commission: http://www.sec.gov/about/laws.shtml U.S. Securties and Exchange Commission. (n.d.). SEC Charges Former CFO with evading internal controls to pay for unauthorized travel and entertainment expenses. Retrieved from www.sec.gov: http:/www.sec.gov/litigation/litreleases/2012/lr22500.htm Wikipedia. (n.d.). Foreign Corrupt Practices Act. Retrieved from Wikipedia: htto://en.wikipedia.org/wiki/Foreign_Corrupt_Practices_Act