Legal documents published by Serious Fraud Office after trial collapsed this week
Former Serco executives discussed inflating costs on electronic tagging contracts to “whatever we wish” as part of a fraud on the UK government, according to legal documents newly published by the Serious Fraud Office (SFO).
Serco, the FTSE 250 outsourcing company, has already paid a fine and legal costs of nearly £23m to the UK’s anti-corruption agency in relation to the fraud, which it admitted in 2019 under a deferred prosecution agreement.
