May 27, 2015
Gregory Geswein, Kevin Krakora, Sandra Miller
SANCTION AMOUNT: $1,379,057
Defendants: Gregory Geswein, Kevin Krakora, Sandra Miller
Defendants include former executives of Diebold, Inc., including two CFOs and a Director of Corporate Accounting. Sanction settles charges that they engaged in improper accounting practices, including, among other things, the improper use of "bill-and-hold" accounting, to inflate the company's earnings to meet forecasts.
- Key Docs
- Official SEC press release