British Tech Mogul Mike Lynch Missing As Superyacht Sinks in Sicily Storm, Wife Survives

UK businessman Mike Lynch, who was recently acquitted in the United States of an $11 billion fraud, is among those missing Monday after a superyacht sank off southern Italy, according to the head of the Civil Protection Agency.

The 56-metre-long luxury yacht, The Bayesian, had been moored off Porticello, east of Palermo, when the storm swept suddenly up the coast before dawn, tearing through beach clubs and little fishing ports.

Lynch's wife was among 15 people rescued after the luxury yacht sank amid violent winds and rains off the Sicily coast, according to Salvo Cocina of the Civil Protection Agency, leaving six others missing.