Diebold Election Systems pays $48 million to settle bribery caseSubmitted by Ulfilas on Tue, 10/22/2013 - 14:34
The North Canton, Ohio, company was accused by the Securities and Exchange Commission and the Justice Department of spending about $1.8 million to send the foreign bank officials on vacations to the United States and Europe and provide entertainment and gifts in violation of a federal law that prohibits U.S. companies from bribing foreign government officials.
The company was also accused of giving annual cash gifts ranging from $100 to more than $600 to foreign bank executives.
Diebold falsely recorded the bribes in its books as training expenses, the SEC alleged.
Awesome, these are the people who make our voting machines.