A spokesperson for G4S said the firm had not been provided with the results of the initial audit of the government electronic monitoring contracts with the government, despite requesting the report.
They said an internal investigation, with external help, found no dishonesty in the tagging contracts.
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The founder of an academy and two former staff members have been jailed for defrauding the Department for Education of thousands of pounds.
Pino Pagliara told ITV News a lucrative salary meant he told undercover reporters posing as football investors "what they wanted to hear".
She was best known for playing Ethel Meaker in the children's show Rentaghost and Grandma on stage in Billy Elliot the musical.