By Press Association 2021 British tech tycoon Michael Lynch arriving at Westminster Magistrates’ Court, London A British technology tycoon should not be sent to the US to face charges of multibillion-dollar fraud, and should instead be dealt with in a UK court, his lawyer has told an extradition hearing. Michael Lynch is wanted by American authorities over the sale of his software company Autonomy to Hewlett Packard (HP) in 2011 for 11 billion dollars (£8.5 billion), which resulted in heavy losses for the US firm. US authorities claim Mr Lynch deliberately overstated the value of his company, which specialised in software to sort through large data sets.