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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Autonomy founder Mike Lynch extradited to US after losing appeal

Mike Lynch Autonomy United States HewlettPackard HP
Mike Lynch
Mike Lynch has always denied the allegations and any wrongdoing. Photograph: Dominic Lipinski/PA Archive/PA Images

The tech entrepreneur Mike Lynch has been extradited to the US to face criminal fraud charges, where a court has ordered him to pay a $100m (£79m) bond and called in 24-hour armed guards to ensure he does not flee the country.

Lynch, a billionaire founder once lauded as Britain’s answer to Bill Gates, is facing allegations that he duped the US firm Hewlett-Packard into overpaying when it struck an $11bn deal for his software firm Autonomy in 2011. He denies any wrongdoing.

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