Criminal fraud trial of UK tech tycoon Mike Lynch to begin today

‘Britain’s Bill Gates’ charged with 17 counts of wire fraud, securities fraud and conspiracy in 2011 sale of Autonomy to Hewlett-Packard

The criminal fraud trial of the British technology tycoon once dubbed “Britain’s Bill Gates” is due to begin in San Francisco today.

Mike Lynch, co-founder of the UK software company Autonomy, stands accused of artificially inflating the software firm’s sales; misleading auditors, analysts and regulators; and intimidating people who raised concerns before its blockbuster takeover by Hewlett-Packard in 2011.

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‘Britain’s Bill Gates’ charged with 17 counts of wire fraud, securities fraud and conspiracy in 2011 sale of Autonomy to Hewlett-Packard
The criminal fraud trial of the British technology tycoon once dubbed “Britain’s Bill Gates” is due to begin in San Francisco today.
Mike Lynch, co-founder of the UK software company Autonomy, stands accused of artificially inflating the software firm’s sales; misleading auditors, analysts and regulators; and intimidating people who raised concerns before its blockbuster takeover by Hewlett-Packard in 2011. Continue reading…Technology | The Guardian

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