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Company with $1.2 billion Obamacare contract under investigation for ‘serious fraud’
Daily Caller ^ | 09/30/2013

Posted on 10/01/2013 6:09:50 AM PDT by 11th_VA

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.

(Excerpt) Read more at dailycaller.com ...


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: aca; corruption; democrats; exchanges; fraud; obama; obamacare; obamacarefraud; serco
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To: Michael.SF.

It’s down the hall from the Department of Redundancy Department...


21 posted on 10/01/2013 9:29:23 AM PDT by Bi-ped Carbon Unit (Paid, non-lawyer spokesperson)
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To: 11th_VA

But...Free Trade Communism works....just ask any Globalist NutJob....


22 posted on 10/01/2013 9:56:09 AM PDT by SeminoleCounty (Fact Is: GOPe want ObamaCare.)
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