Anti-Virus Software Guru John McAfee Arrested in Spain on U.S. Tax Evasion Charges

John McAfee

John McAfee, the cybersecurity pioneer who created the world’s first commercial anti-virus software, was arrested in Spain and charged with tax evasion, the Department of Justice announced Tuesday.

The British-born McAfee, 75, is facing extradition to the United States, where he is charged with tax evasion and willful failure to file tax returns

The entrepreneur’s arrest came after an indictment from June 15, 2020, was unsealed Tuesday.

According to the indictment, McAfee allegedly evaded taxes by directing his income to be paid into the bank accounts and cryptocurrency exchange accounts “in the names of nominees,” Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney D. Michael Dunavant for the Western District of Tennessee.

McAfee earned millions in income from promoting cryptocurrencies, consulting work, speaking engagements, and selling the rights to his life story for a documentary, according to the indictment, the statement says.

From 2014 to 2018, McAfee “allegedly failed to file tax returns, despite receiving considerable income from these sources,” it says.

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The indictment “does not allege that during these years McAfee received any income or had any or had any connection with the anti-virus company bearing his name,” the statement says.

McAfee attempted to evade the IRS by concealing assets, including real property, a vehicle, and a yacht, in the names of others, according to the indictment, the statement says.

If convicted, McAfee faces a maximum of five years in prison on each count of tax evasion and a maximum sentence of one year in prison on each count of willful failure to file a tax return,

Antivirus Software Pioneer John McAfee Arrested in Spain on Tax Evasion Charges

Antivirus software pioneer John McAfee has been arrested in Spain and is expected to be extradited back to the U.S. on tax evasion charges, the Justice Department said Tuesday.

McAfee, 75, who founded the wildly successful computer anti-virus software company named after him, was arrested in Spain as he tried to board a flight to Istanbul.

A June indictment against McAfee in the U.S. court in Tennessee was unsealed by the Justice Department on Tuesday charging him with tax evasion and willful failure to file tax returns.

McAfee earned millions of dollars from promoting cryptocurrencies, consulting work, speaking engagements, and selling the rights to his life story for a documentary, and from 2014 to 2018 allegedly failed to file tax returns, according to the indictment. None of the income in question is connected with the software company he founded, which McAfee resigned from in 1994.

The indictment also alleges that McAfee evaded his tax liability by routing his income into bank accounts and cryptocurrency exchange accounts that were set up by other people and attempted to skirt the IRS by placing his assets in other people’s names, including real estate, a vehicle, and a yacht.

He faces five tax evasion counts carrying a sentence of five years in prison or a $250,000 fine and five more counts of willful failure to file a tax return that could result in one year in prison or a $100,000 fine.

In 2012, McAfee went into hiding in Belize when police in the country sought him for questioning in the death of his neighbor. He reappeared in Guatemala City several weeks later.

The legendary Silicon Valley entrepreneur has twice attempted to run for president as a Libertarian Party candidate, first in 2016 and a second time this year.

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Software entrepreneur John McAfee charged with U.S. tax evasion

Memphis, Tennessee — Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking engagements and sold the rights to his life story for a documentary, prosecutors in Tennessee said Monday.
 
A June indictment charging McAfee with tax evasion and willful failure to file tax returns was unsealed in federal court in Memphis on Monday after McAfee’s arrest in Spain, where extradition to the U.S. is pending, the U.S. attorney’s office said in a news release.
 
Online court records do not show whether McAfee has a lawyer to speak on his behalf about the charges.

McAfee developed early internet security software and has been sought by authorities in the U.S. and Belize in the past.

The indictment said McAfee failed to file tax returns from 2014 to 2018, despite receiving “considerable income” from several sources. The indictment does not allege that McAfee received any income or had any connection with the antivirus software company bearing his name during those years, prosecutors said.
 
McAfee evaded taxes by directing his income to be paid into bank accounts and cryptocurrency exchange accounts in the names of others, the indictment said. McAfee hid assets from the Internal Revenue Service, including real estate property, a vehicle and a yacht, in the names of others, prosecutors said.

john-mcafee-cuba.jpg
John McAfee, co-founder of McAfee Crypto Team, CEO of Luxcore and founder of McAfee Antivirus, smokes a cigarette before taking a taxi at Marina Hemingway in Havana, Cuba, July 4, 2019.

REUTERS/Alexandre Meneghini


If convicted of all charges, McAfee could face up to 30 years in prison.
 
McAfee was released from detention in the Dominican Republic in July 2019 after he and five others were suspected of traveling on a yacht carrying high-caliber

John McAfee, antivirus software pioneer, charged with tax evasion in US | John McAfee

John McAfee, the antivirus software entrepreneur, has been charged with evading taxes after failing to report millions earned promoting cryptocurrencies, consulting work, speaking engagements and the sale of the rights to his life story for a documentary, US prosecutors have alleged.

McAfee hid assets from the Internal Revenue Service, including real estate property, a vehicle and a yacht, in the names of other people, prosecutors said.

A June indictment charging McAfee with tax evasion and wilful failure to file tax returns was unsealed in federal court in Memphis, Tennessee, on Monday after McAfee’s arrest in Spain, where extradition is pending, the US attorney’s office said.

Online court records do not show whether McAfee has a lawyer to speak on his behalf about the charges.

McAfee rose to prominence after developing early internet security software, and has been sought by authorities in the US and Belize in the past.

The indictment said McAfee failed to file tax returns from 2014 to 2018, despite receiving “considerable income” from several sources. The indictment does not allege that McAfee received any income or had any connection with the antivirus software company bearing his name during those years, prosecutors said.

McAfee evaded taxes by directing his income to be paid into bank accounts and cryptocurrency exchange accounts in the names of others, the indictment said.

If convicted of all charges, McAfee could face up to 30 years in prison.

McAfee was released from detention in the Dominican Republic in July 2019 after he and five others were suspected of traveling on a yacht carrying high-calibre weapons, ammunition and military-style gear, officials in the Caribbean Island said at the time.

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John McAfee, antivirus software pioneer, charged with tax evasion in US | US news

John McAfee, the antivirus software entrepreneur, has been charged with evading taxes after failing to report millions earned promoting cryptocurrencies, consulting work, speaking engagements and the sale of the rights to his life story for a documentary, US prosecutors have alleged.

McAfee hid assets from the Internal Revenue Service, including real estate property, a vehicle and a yacht, in the names of other people, prosecutors said.

A June indictment charging McAfee with tax evasion and wilful failure to file tax returns was unsealed in federal court in Memphis, Tennessee, on Monday after McAfee’s arrest in Spain, where extradition is pending, the US attorney’s office said.

Online court records do not show whether McAfee has a lawyer to speak on his behalf about the charges.

McAfee rose to prominence after developing early internet security software, and has been sought by authorities in the US and Belize in the past.

The indictment said McAfee failed to file tax returns from 2014 to 2018, despite receiving “considerable income” from several sources. The indictment does not allege that McAfee received any income or had any connection with the antivirus software company bearing his name during those years, prosecutors said.

McAfee evaded taxes by directing his income to be paid into bank accounts and cryptocurrency exchange accounts in the names of others, the indictment said.

If convicted of all charges, McAfee could face up to 30 years in prison.

McAfee was released from detention in the Dominican Republic in July 2019 after he and five others were suspected of traveling on a yacht carrying high-calibre weapons, ammunition and military-style gear, officials in the Caribbean Island said at the time.

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