Security News > 2020 > October > Former antivirus baron John McAfee collared, faces extradition to America on tax evasion, securities allegations

Two US government tentacles this week snared John McAfee, accusing the one-time antivirus mogul of tax evasion and breaking securities law.

McAfee was cuffed in Spain, and is awaiting extradition to the US. McAfee is set to face trial on ten criminal charges of tax evasion and willful failure to file tax returns, brought by the Dept of Justice.

According to the Justice Dept's indictment [PDF] filed in a western Tennessee federal district court, McAfee failed to pay tax on money he made between the years 2014 and 2018.

"From 2014 to 2018, McAfee allegedly failed to file tax returns, despite receiving considerable income from these sources."

In some cases it is said McAfee simply failed to tell his followers that he was secretly being paid to hype particular alt-coin sales, while in other cases it is said McAfee actually had a partial stake in the companies he was urging people to invest in, something he didn't tell netizens.

News URL

https://go.theregister.com/feed/www.theregister.com/2020/10/06/john_mcafee_tax_evasion/