US CYBERSECURITY PIONEER JOHN MACAFEE NABBED IN SPAIN
Cybersecurity software developer John McAfee has been arrested in Spain and is to be extradited to the United States over allegations of tax evasion and false advertising for cryptocurrencies, Deutsche Presse-Agentur (dpa) reported.
Both the Securities and Exchange Commission (SEC) and the US Department of Justice announced on Monday that they had filed charges against him.
The Justice Department intends to prosecute the 75-year-old for tax evasion and willful failure to file tax returns from 2014-18, while the SEC accuses him of having recommended certain digital currencies to his Twitter followers without disclosing that he was paid millions of dollars to do so. McAfee's bodyguard has also been charged over his role in the scheme. McAfee faces years of imprisonment if convicted. The charges relating to tax offences date back to June, but have only now been published.
McAfee founded the eponymous antivirus software company in the 1980s but withdrew from it in the 1990s. He made headlines around the world in 2012 when he was sought by law enforcement following the murder of his neighbor in Belize. After escaping through the jungle, he returned to the US and registered as a candidate for the presidential election in 2016. This year McAfee ran again, but ended his campaign in March.