Company with $1.2 billion Obamacare contract under investigation for ‘serious fraud’

Global Clarity

The Daily Caller

30 Sept 2013


A British multinational being paid $1.2 billion to implement Obamacare’s  federal insurance exchanges is under investigation after allegedly overcharging  the British government by tens of millions of dollars.

Reuters reports that Britain’s Serious Fraud Office  is now looking into Serco, a massive service and security firm employing 120,000  worldwide, after the company reportedly overbilled its government client as much as  $80 million for criminal electronic monitoring devices.

Around one in six of the criminals listed were already in prison, had left  the country, were not required to wear a device, or were even dead.

The alleged fraud prompted an audit from the U.K.’s Ministry of Justice  earlier this summer. Late last week, the ministry sent information from that  audit to the Serious Fraud Office, asking that it consider a criminal case  against the company.

In early July, the U.S. Department of Health and…

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