John McAfee indicted for tax evasion in the US
He's also been charged with willful failure to file tax returns.
- I've been covering technology and mobile for 12 years, first as a telecommunications reporter and assistant editor at ZDNet in Australia, then as CNET's West Coast head of breaking news, and now in the Thought Leadership team.
John McAfee has been indicted for tax evasion.
An indictment has been unsealed Monday, showing 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 where he is now pending extradition to the US.
McAfee allegedly collected millions of dollars for promoting cryptocurrencies as well as for speaking engagements, selling his life story for a documentary and consulting work. He also allegedly concealed assets like a yacht, a vehicle and real estate properties in other people's names. None of the charges have any relation to the McAfee antivirus software.
He's also charged with failing to file tax returns from 2014 to 2018, the Justice Department said Monday.
"According to the indictment, McAfee allegedly evaded his tax liability by directing his income to be paid into bank accounts and cryptocurrency exchange accounts in the names of nominees," the Justice Department said.
Each count of tax evasion carries a maximum sentence of five years in prison, while each count of willful failure to file a tax return carries a one-year sentence.
The antivirus software pioneer has been on the run since 2012 after his alleged involvement in a homicide in Belize, which he denies. Last year, McAfee tweeted that his only "crime is not filing tax returns" and claimed the rest of the charges against him are "propaganda by the US government to silence me."
McAfee was arrested by the Dominican Republic Armed Forces while docking his yacht in Puerto Plata in July last year. Multiple high-caliber weapons as well as ammunition were seized during the arrest, AP reported at the time. He tweeted a photoshoot of his time in jail there, before going on the run in Europe.