Three former executives of a subsidiary of security group G4S are no longer prosecuted for fraud in the United Kingdom. The UK government agency that investigates serious fraud, the Serious Fraud Office (SFO), has dropped all charges against the managers.
In 2013, the SFO began an investigation into the British subsidiary of G4S, which specifically regulates the surveillance of judicial institutions. The company allegedly overcharged the government for services such as the electronic surveillance of prisoners, including charging fees for the surveillance of deceased persons.
The company reached a multimillion-dollar settlement in 2020 to avoid further prosecution. Still, the SFO also filed a lawsuit for deception against the former general manager, commercial director and financial director of the subsidiary. However, all charges are now dropped “because it is no longer in the public interest for this case to proceed,” the SFO said.
A lawyer for one of the defendants argues that the SFO had insufficient evidence of the fraud. The fraud fighters would also have shared important documents at the last minute that undermined their own case.