Security services company G4S announced Friday that its U.K. subsidiary has reached a proposed deferred prosecution agreement (DPA) with the Serious Fraud Office to resolve an investigation into fraudulent activity surrounding electronic monitoring contracts with the U.K. Ministry of Justice (MoJ).

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...