Technology

John McAfee indicted for tax evasion in the US

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John McAfee has been indicted for tax evasion.


Screenshot by Eric Mack/PJDM

An indictment has been unsealed Monday, exhibiting John McAfee is being charged by the Department of Justice with tax evasion and willful failure to file tax returns. The indictment is dated June 15 and follows McAfee’s arrest in Spain the place he’s now pending extradition to the US.

McAfee allegedly collected thousands and thousands of {dollars} for selling cryptocurrencies in addition to for talking engagements, promoting his life story for a documentary and consulting work. He additionally allegedly hid belongings like a yacht, a car and actual property properties in different individuals’s names. Not one of the expenses have any relation to the McAfee antivirus software program.

He is additionally charged with failing to file tax returns from 2014 to 2018, the Justice Division stated Monday.

“In accordance with the indictment, McAfee allegedly evaded his tax legal responsibility by directing his revenue to be paid into financial institution accounts and cryptocurrency trade accounts within the names of nominees,” the Justice Division stated.

Every depend of tax evasion carries a most sentence of 5 years in jail, whereas every depend of willful failure to file a tax return carries a one-year sentence. 

The antivirus software program pioneer has been on the run since 2012 after his alleged involvement in a homicide in Belize, which he denies. Final yr, McAfee tweeted that his only “crime is not filing tax returns” and claimed the remainder of the fees towards him are “propaganda by the US authorities to silence me.”

McAfee was arrested by the Dominican Republic Armed Forces whereas docking his yacht in Puerto Plata in July final yr. A number of high-caliber weapons in addition to ammunition have been seized throughout the arrest, AP reported on the time. He tweeted a photoshoot of his time in jail there, earlier than happening the run in Europe.



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Author

Corinne Reichert