Sicily yacht disaster: Who was the UK tech mogul Mike Lynch?

Mike Lynch, who founded software giant Autonomy in 1996, was made an OBE for services to enterprise in 2006. In June, he was cleared in the US of conducting a massive fraud relating to an $11bn (£8.64bn) sale to US company Hewlett Packard (HP). However, HP did win a six-year civil fraud suit against Lynch back in 2022 after the English High Court ruled that he defrauded the firm by manipulating Autonomy’s accounts to inflate its valuation ahead of the takeover. It was reported that Autonomy’s former vice president of finance Stephen Chamberlain, and a co-defendant on the US case, passed away on Saturday. For more on the story 👇 https://www.cityam.com/mike-lynch-search-continues-as-italian-coastguard-unsuccessful-with-early-inspection/ Get more of City A.M. 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam Produced by: Maria Ward-Brennan, Scarlett Wild, Larissa Howie