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☆ Investigators say 5 bodies were found in the same cabin of Mike Lynch's superyacht as prosecutors begin looking into 'crime hypothesis'
▼ + stars: | 2024-08-24 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Investigators say five bodies were found in the same cabin of Mike Lynch's superyacht. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementInvestigators have said that the bodies of five people who died after British tech tycoon Mike Lynch's superyacht sank off the coast of Sicily were discovered in the same cabin.

Persons: Mike Lynch's superyacht, —, Bentivoglio Fiandra Organizations: Service, Business Locations: Porticello, Sicily

Divers scouring the wreckage of the superyacht that sank off the Sicilian coast have found the body of the last person missing from the luxury boat, believed to be the daughter of a British tech magnate. The body of Mike Lynch's 18-year-old daughter Hannah was discovered early Friday, the Italian Coast Guard said, according to the Associated Press news agency — the culmination of a challenging five-day rescue operation. One other body, of the ship’s cook Recaldo Thomas, was recovered shortly after the accident. The local prosecutor's office has launched an investigation, though no cause or possible suspects had been publicly identified. Italian prosecutors investigating the case have scheduled a news conference on Saturday.

Persons: Mike Lynch's, Hannah, Lynch, Recaldo Thomas, Morgan Stanley, Jonathan Bloomer, Judy Organizations: Italian Coast Guard, Associated Press, Palermo, Morgan, Morgan Stanley International, AFP, Getty Locations: British, United States, Sicily’s

☆ The maker of Mike Lynch's yacht says it took 16 minutes to sink and the crew should have had time to rescue passengers
▼ + stars: | 2024-08-23 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewThe maker of Mike Lynch's superyacht, which sank off the coast of Sicily, said it was "absolutely stable" and that it never should have gone down. It went down in 16 minutes," Costantino told the Financial Times. Advertisement"The boat sank because it took on water," Costantino said. Advertisement"The water came in from [hatchways] left open," Costantino told FT. "There is no other possible explanation. Witnesses told BBC News they saw a waterspout — an uncommon weather phenomenon consisting of tornadolike wind and water — before the ship went down.

Persons: —, Mike Lynch's superyacht, Lynch, Hannah, Mike Lynch, Yui Mok, Giovanni Costantino, Costantino, Recaldo Thomas, Stephen Askins, MailOnline, Matthew Schanck, Schanck Organizations: Service, Business, Divers, Italian Coastguard, Italian Sea Group, Financial Times, BBC News Locations: Sicily, Palermo, Italy, London

☆ Autonomy founder Lynch's appeal against US extradition rejected by UK court
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +3 min

He had appealed to the High Court to overturn a decision by Britain's home secretary (interior minister) to order his extradition in January. But two High Court senior judges did not even grant him permission for an appeal. "The United States’ legal overreach into the UK is a threat to the rights of all British citizens and the sovereignty of the UK," he said in a statement. HP sued Lynch in London's High Court following the deal. Hussain was convicted of fraud in the United States and sentenced to five years in prison in 2019.

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