Authorities are continuing to search for British tech entrepreneur Mike Lynch, who went missing when superyacht Bayesian capsized and sank in bad weather off the coast of Italy.
Prominent U.K. tech tycoon Mike Lynch, once considered the "British Bill Gates," is missing after the sinking of a superyacht off the coast of Italy on Monday. The news comes just months after the entrepreneur was acquitted on fraud charges by a San Francisco jury, ending more than a decade of legal battles stemming from the sale of his company to Hewlett-Packard in 2011. Lynch, 59, earned a PhD from Cambridge before co-founding software firm Autonomy in 1996.
The U.S. and U.K. both launched investigations into the allegations, and the U.S. formally requested Lynch's extradition to the U.S. in 2019 to face several charges including securities fraud, wire fraud and conspiracy. According to The Sunday Times, Lynch, who is married and has two daughters, ages 18 and 21, was extradited from Britain in May of last year and spent 13 months on house arrest in San Francisco while he awaited trial. He was acquitted on all 15 charges in June.
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