Serco To Pay SFO £22.9M To End UK Fraud Probe

By Christopher Crosby (July 3, 2019, 8:56 AM BST) -- A subsidiary of security outsourcing giant Serco agreed to pay £22.9 million ($28.8 million) to avoid prosecution for misleading officials about the profits it made from selling an electronic tagging system for prisoners, the Serious Fraud Office said Wednesday....

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