Friday, November 8, 2024

Missing tech tycoon Mike Lynch’s co-defendant in $11B fraud trial fatally struck by car just days before billionaire’s yacht tragedy

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Missing UK tech billionaire Mike Lynch’s associate Stephen Chamberlain, who stood trial for fraud alongside him after the sale of software company Autonomy, died just days before the entrepreneur vanished in a shipwreck off the coast of Sicily.

Chamberlain was out for a run in Cambridgeshire, England, on Saturday when he was struck by a vehicle and died after being rushed to a nearby hospital.

Stephen Chamberlain, 52, co-defendant of British tech tycoon Mike Lynch, died after being struck by a car. Bav Media / SplashNews.com
Chamberlain was out running in Cambridgeshire when he was hit. Bav Media / SplashNews.com

Chamberlain and Lynch, who remains missing after a yacht he was on with his wife and 18-year-old daughter sank Monday, were co-defendants in the decade-long fraud case that arose after the $11 billion sale to Hewlett-Packard.

Both men were acquitted last June.

Mike Lynch remains missing after his yacht capsized in Sicily. Getty Images

Lynch’s wife, Angela Baceres, was rescued soon after the vessel went down after a major storm, but the British tech magnate — sometimes referred to as “the Bill Gates of the UK” — and his daughter, Hannah, are among six missing passengers who have yet to be found. The missing include four British nationals and two Americans.

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