John McAfee has been arrested in Spain for tax evasion

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John McAfee has been arrested for tax evasion. He was detained in Spain and is likely to be extradited to the United States. There, he was charged with not paying tax by having his income paid in cryptocurrencies. McAfee reported no income tax and no taxes paid between 2014 and 2018, according to the U.S. Justice Department’s indictment. McAfee is said to have made ‘millions’ at the time, mainly by promoting cryptocurrency, working as a consultant and selling the rights to his life story for a documentary.The indictment also states that McAfee left his income in cryptocurrency mainly to evade taxes. Pay. In addition, he would have hidden various things, such as real estate, vehicles and a yacht, from the tax authorities. Prosecutors say his alleged tax evasion had nothing to do with the McAfee company. Earlier this week, the US stock market watchdog, the Securities and Exchange Commission, also charged McAfee for cryptocurrency fraud. McAfee allegedly promoted various initial coin offerings or IPOs via Twitter, but did not indicate that he was paid for them. That way, McAfee would have earned at least 19 million euros, according to the SEC. McAfee is detained in Spain at the time of writing. There he awaits extradition to the US. He can face a total of thirty years in prison if found guilty. John McAfee is the founder of the eponymous antivirus software, but retired from the company years ago. Since a 2017 lawsuit, John McAfee was no longer allowed to associate himself with the security company in name.
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