Gary Gerhardt, the former CFO of Engineered Support Systems, Inc., has been indicted on charges of participating in a scheme to backdate stock options between 1996 and 2002 according to federal prosecutors. The former CFO is being charged for 10 counts of fraud after he allegedly personally made $1.9 million in profits from the scheme. The man is the second former executive of the company to face charges, after Steven Landmann - the company's controller - plead guilty on March 16th.