Autonomy founder Mike Lynch extradited to US after losing appeal

Entrepreneur alleged to have duped Hewlett-Packard into overpaying for software firm in $11bn deal

Mike Lynch, the billionaire tech entrepreneur once lauded as Britain’s Bill Gates, has been extradited weeks after losing an appeal to block being forced to face criminal fraud charges in the US.

Lynch is facing allegations that he duped the US firm Hewlett-Packard into overpaying when it struck an $11bn deal (£8.2bn) for his software firm Autonomy in 2011. He denies any wrongdoing.