Inside the doomed superyacht party that ended in tragedy: How British tech tycoon Mike Lynch gathered family for an exorbitant celebration on his vessel to toast his high stakes fraud acquittal before freak 'whirlwind' caused it to sink<br /><br />What was an elaborate celebration to commemorate Mike Lynch's high stakes fraud acquittal turned into tragedy as his superyacht fell victim to a freak water spout. <br /><br />The luxury sailboat was docked off the coast of Porticello, near Palermo, when a 'whirlwind' hit the area just before 5am this morning, wrecking the boat and causing it to rapidly disappear beneath the waves. <br /><br />The yacht had been visible to surrounding ships before it suddenly vanished, claiming the life of one person while six remain missing. <br /><br />Fifteen of the 22 people onboard were rescued by Sir Robert BP, a Dutch sailing ship, which was in front of the yacht. <br /><br />British tech tycoon Lynch reportedly invited his family and friends on the sailboat to celebrate charges of fraud and conspiracy for allegedly scheming to inflate a company's value before it was sold being dropped. <br /><br />He had gathered guests from legal firm Clifford Chance, and his own company Invoke Capital after being cleared in June. <br /><br />https://www.dailymail.co.uk/news/article-13758549/Inside-doomed-superyacht-party-ended-tragedy-British-tech-tycoon-Mike-Lynch-gathered-family-exorbitant-celebration-11billion-vessel-toast-high-stakes-fraud-acquittal-freak-whirlwind-caused-sink.html