UK tech giant founder arrested over US extradition

UK tech giant founder arrested over US extradition

Image copyright Reuters

The founder of UK software firm Autonomy has submitted himself for arrest as part of an extradition process brought by the US over charges of conspiracy and fraud.

Mike Lynch sold Autonomy to US computer giant Hewlett Packard (HP) for $8.4bn in 2011.

But he faces allegations that he fraudulently inflated the value of Autonomy before the sale.

Dr Lynch’s lawyers said he…

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