Article 6B0ZD Autonomy founder Mike Lynch loses appeal against extradition to US

Autonomy founder Mike Lynch loses appeal against extradition to US

by
Mark Sweney
from US news | The Guardian on (#6B0ZD)

Tech entrepreneur alleged to have duped Hewlett-Packard into overpaying for software in $11bn deal

Mike Lynch, the tech entrepreneur once hailed as Britain's answer to Bill Gates, has lost an appeal against extradition to the US to answer criminal fraud charges.

Lynch, the founding investor of the British cybersecurity firm Darktrace, is facing allegations that he duped the US firm Hewlett-Packard into overpaying when it struck an $11bn deal (8.2bn) for his software firm Autonomy in 2011.

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