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As Fraud Trial Opens, Tech Titan Who Wooed HP Cast as Accounting Alchemist, 'Startup Guy' Who Delegated Details ...

As Fraud Trial Opens Tech Titan Who Wooed HP Cast as Accounting Alchemist Startup Guy Who Delegated Details
“HP needed someone to blame. They had an $11 billion debacle on their hands. They were actually better at finding a scapegoat than at integrating a company,” Reid Weingarten, lead attorney for Autonomy CEO Mike Lynch, told a jury Monday.

Over the next 10 weeks, a federal jury will get to know the many sides of Mike Lynch, the hard-charging entrepreneur behind what once was one of Britain’s biggest and most successful tech companies.

To federal prosecutors, Lynch, 58, is the perpetrator of an epic fraud—a spinner of tales and cooker of books who falsely inflated the revenue of his software firm, Autonomy, ahead of its ill-fated $11 billion sale to HP more than a decade ago.

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