United States asks UK to extradite tech billionaire Michael Lynch to face fraud charges

The United States has formally requested the extradition of Michael Lynch, the British tech billionaire who sold his company to Hewlett Packard (HP) in an ill-fated US$11.1 billion deal, to face charges including securities fraud, wire fraud and conspiracy.The US embassy in London submitted the extradition request on November 21 for Lynch to stand trial in the United States, according to a court filing dated December 1.Lynch, once hailed as Britain’s answer to Bill Gates, is currently battling…

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