Financial Crime Financial Crime

Serco executives ‘made up’ GBP12 million in costs to defraud UK government, court hears

By Annie Robertson
  • 30 Mar 2021 11:30
  • 31 Mar 2021 11:38
Two former Serco executives “made up” 12 million pounds' ($16.5 million) worth of costs to justify overcharging the UK government for electronic-tagging contracts between 2011 and 2013, prosecutors told a London court today.

The Serious Fraud Office accuses Nicholas Woods, former finance director at Serco Home Affairs, and Simon Marshall, former

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