Software billionaire to be tried in the US

A British software entrepreneur wanted in the US over an alleged fraud linked to the £8billion sale of his former company will hear if he will be extradited today (thurs). Mike Lynch, 56, has been charged by US prosecutors with 14 counts of conspiracy and fraud relating to the acquisition of software company Autonomy by tech giant Hewlett-Packard (HP) in 2011. HP paid over $11billion for the company but claim the figure was inflated by ‘accounting improprieties, disclosure failures and…

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