Cleared UK tech tycoon feared he would die in US prison if convicted
The Guardian|July 29, 2024
The British tech tycoon Mike Lynch has said he thought he would die in a US jail if he had not been cleared of allegedly defrauding Hewlett-Packard over a multibillion-dollar business deal.
Mark Sweney
Cleared UK tech tycoon feared he would die in US prison if convicted

In his first interview since his acquittal last month on charges related to the $11.1bn (£8.6bn) purchase of his company Autonomy in 2011, the man once lauded as the UK's answer to Bill Gates said that his lung condition meant he doubted he would have survived a prison term.

He had been accused of duping the US technology company into overpaying for the software firm he founded. HP subsequently took an $8.8bn writedown of Autonomy's entire value 15 months after the deal was first disclosed, alleging it had discovered "serious accounting improprieties" and blaming Lynch for perpetrating a $5bn fraud, an accusation he denied.

The 59-year-old billionaire was cleared by a Californian court on 6 June of all 15 counts of fraud, which meant he avoided facing up to 25 years in a US prison.

Denne historien er fra July 29, 2024-utgaven av The Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra July 29, 2024-utgaven av The Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE GUARDIANSe alt
Parry: Premier League would be 'sterile' without EFL
The Guardian

Parry: Premier League would be 'sterile' without EFL

Rick Parry has accused the Premier League of undervaluing the football pyramid, arguing that without the \"variety and competition\" that come from relegation and promotion the game would become \"sterile\".

time-read
2 mins  |
November 13, 2024
Official review: Coote faces FA investigation as Webb breaks silence on video
The Guardian

Official review: Coote faces FA investigation as Webb breaks silence on video

The Football Association has launched its own investigation into the behaviour of the referee David Coote after remarks he made about Jürgen Klopp in a video that surfaced online this week.

time-read
1 min  |
November 13, 2024
Match-by-match: Coote's Liverpool games as an official
The Guardian

Match-by-match: Coote's Liverpool games as an official

Referee who has been caught on video in a foul-mouthed tirade against Jürgen Klopp officiated 21 Liverpool games. Andy Hunter takes a look at the decisions in each one

time-read
4 mins  |
November 13, 2024
Wretched, haunted but human: a referee shaped by modern football
The Guardian

Wretched, haunted but human: a referee shaped by modern football

Is it really a surprise that an official or someone similar should end up glassy-eyed and spitting toxins on a sofa?

time-read
5 mins  |
November 13, 2024
Hall's audition adds intrigue to England's Nations League finale
The Guardian

Hall's audition adds intrigue to England's Nations League finale

In-form Newcastle defender can show Thomas Tuchel he can be the solution to perennial problem on the left

time-read
3 mins  |
November 13, 2024
The Guardian

'It's about robust planning, proper financial control'

is about \"preventing the shocks\" that have disrupted the sport in recent years.

time-read
1 min  |
November 13, 2024
'People are going to see women's boxing at its very best'
The Guardian

'People are going to see women's boxing at its very best'

The super-lightweight world champion Katie Taylor says her rematch against Amanda Serrano in Texas, as the main support act to Tyson v Paul, will be something special

time-read
5 mins  |
November 13, 2024
Blindkilde Brown and Fujino help City avoid slip up
The Guardian

Blindkilde Brown and Fujino help City avoid slip up

Manchester City maintained their 100% start in the Women's Champions League group stage as second-half goals from youngsters Laura Blindkilde Brown and Aoba Fujino were enough to beat a determined Hammarby side.

time-read
3 mins  |
November 13, 2024
Players must cope with extra scrutiny, says Lewis
The Guardian

Players must cope with extra scrutiny, says Lewis

The England coach, Jon Lewis, said his players experienced a \"sharp learning curve\" about perception management in the fallout from their disastrous group-stage exit in last month's T20 World Cup.

time-read
2 mins  |
November 13, 2024
No input from Jones in England's plan to upset Springboks
The Guardian

No input from Jones in England's plan to upset Springboks

England will not be benefiting from the insider knowledge of their former Springbok assistant coach Felix Jones this weekend after it emerged that neither their players nor key staff members have been in contact with the Irishman, still supposedly employed remotely by the Rugby Football Union (RFU).

time-read
2 mins  |
November 13, 2024