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The FT: Three Former G4S Executives Charged Over Electronic Tagging Fraud

24 Sep 2020 10:02 AM | Anonymous

The UK Fraud Office has charged three former executive of the G4S prison and security company for defrauding taxpayers after an investigation into its electronic tagging inmates scandal.

The electronic tagging scandal occurred after an audit suggested that the firm had been charging for tags on inmates that where either dead, in jail or never tagged in the first place.

The G4S is one of the biggest outsourcing companies in the UK. Both the G4S and its rival Serco have been under investigation since 2013 for the electronic tagging of inmates. In July, the G4S paid a £44 million fine to settle these allegations.

The settlement reached will mean that the company won’t face any criminal charges as long as they improve their corporate governance. 

However, the three former executives of G4S, Richard Morris, Mark Preston and James Jardine have all been charged with seven offences of fraud.

To read the full article you will need to be subscribed to the Financial Times: https://www.ft.com/content/24d34cc9-5721-46e6-8742-e421c6a47f56

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