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Browse: Home / 2023 / April / 24 / Tycoon Mike Lynch Set to Be Sent to US After Losing Appeal – Bloomberg

Tycoon Mike Lynch Set to Be Sent to US After Losing Appeal – Bloomberg

By Securities Docket on April 24, 2023, 7:49 am

UK tech tycoon Mike Lynch is set to be extradited to the US to face criminal charges over the sale of his Autonomy Corp. to Hewlett Packard after British courts closed the door on any future UK appeals.

Lynch lost his bid to block his transfer to the US after the London judges refused permission to appeal. It comes after the British government approved the move in January 2022 and followed a separate court judgment that he was dishonest in the $11 billion sale of his company.

Source: Tycoon Mike Lynch Set to Be Sent to US After Losing Appeal – Bloomberg

Posted in Criminal, Global, Top | Tagged Fraud, UK

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