The co-founder of the British computer company defrauded HP of $10 billion; Photo: File
London: The United Kingdom extradited Mike Lynch to the United States for fraud of 11 billion dollars in the sale of Autonomy, the country’s leading technology company, to the world-famous computer company “HP”.
According to the world news agency, Mike Lynch, a technology pioneer and entrepreneur with a reputation like Bill Gates in Great Britain, was sent from London to San Francisco in a special plane after a ten-year legal battle with the American technology company HP over fraud.
In the United States, Britain’s Bill Gates “Mike Lynch” is facing 17 cases of fraud in the sale of his company Autonomy in 2011, in which he can be imprisoned for 20 years. Michael Lynch’s teammates are already serving the punishment.
The court in London ordered Mike Lynch to pay a bond of 100 million dollars and surrender his passport, after which he was sent to the United States under strict supervision.
57-year-old Mike Lynch has denied all the allegations made by the American computer company HP. Lynch is accused of tricking HP into bidding higher for his company.
It may be recalled that Mike Lynch was once admired by academics, scientists and politicians for establishing a software company from his ground-breaking research at Cambridge University and was also called the Bill Gates of Britain.
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