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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Mike Lynch: the rise and fall of the extradited tech tycoon

Mike Lynch Autonomy Bill Gates HP James Bond Britain United States London Prison
Mike Lynch.
Before the $11bn (£8.2bn) sale of his firm Autonomy to HP, which alleges he duped them into overpaying, Lynch had received an OBE and a place on the BBC board. Photograph: Henry Nicholls/Reuters

As Mike Lynch adjusts to life confined to a court-approved address in San Francisco, watched by armed guards as he awaits trial for criminal fraud, the tech tycoon once lauded as Britain’s Bill Gates will have plenty of time to contemplate his spectacular fall from grace.

The 57-year-old, stripped of all travel documents and accompanied by US Marshals to court after being extradited to the US on Thursday, is facing up to 25 years in prison if he is found guilty of allegations he duped Hewlett-Packard into overpaying when it struck an $11bn deal (£8.2bn) deal for his software firm Autonomy in 2011.

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