Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News

Superyacht Sinking Leaves Tech Kingpin And Associates Missing

Emergency services at the scene of the search for a missing boat, in Porticello Santa Flavia, Italy, Monday, Aug. 19, 2024. British tech giant Mike Lynch, his lawyer and four other people are among th

A superyacht sank off the Sicilian coast during a storm, leaving six passengers missing, including British tech entrepreneur Mike Lynch and some of his inner circle. Lynch, recently acquitted in a U.S. fraud case, was celebrating his legal victory aboard the yacht. Lynch, known for founding Autonomy, a company that developed a search engine for business documents, sold the company to Hewlett-Packard for $11 billion in 2011. However, allegations of fraud tarnished his reputation, leading to a decade-long legal battle.

Among the missing is Christopher Morvillo, one of Lynch's U.S. lawyers, known for his expertise in fraud and corruption cases. Jonathan Bloomer, chairman of Morgan Stanley International, and his wife are also unaccounted for. Another tragic event linked to Lynch's circle was the recent death of Stephen Chamberlain, a former Autonomy executive acquitted alongside Lynch, who was fatally struck by a car.

The sinking of the superyacht has shocked the business and legal communities, with Lynch's acquittal marking a turning point in his tumultuous journey. The search for the missing passengers continues as authorities investigate the circumstances surrounding the yacht's sinking.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.