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British tech billionaire Mike Lynch faces fraud charges in US

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Software firm Autonomy was sold to Hewlett-Packard seven years ago in an $11bn deal but HP later wrote down its value by $8.8bn.

 

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Why is it that so many millionaires are connected to fraud, if there wasn't so much fraud, would we have less millionaires.

caveat emptor

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Top UK tech boss in US fraud chargesFounder of UK software giant is charged with fraud seven years after the firm's sale to Hewlett-Packard. The face says it all Yet more evidence that those whose self-esteem and self-worth come from disproportionate wealth lack the right emotional qualifications to run important organisations? MikeLynch Autonomy Another company which was probably audited by PWC and seems profitable.
Source: BBCNews - 🏆 3. / 97 Read more »