News

#Eccentric tech mogul John McAfee will be extradited to US

#Eccentric tech mogul John McAfee will be extradited to US

A Spanish court has agreed to extradite embattled tech entrepreneur John McAfee, who faces tax-evasion and other financial charges in the US.

The extradition was approved by the high court in the country and revealed in a court filing on Wednesday that was reviewed by Reuters.

McAfee, an eccentric tech mogul who developed McAfee antivirus software, was arrested in the country in October for allegedly failing to pay taxes on years of income.

He was hit with a 10-count indictment in the Western District of Tennessee for allegedly dodging taxes on millions of dollars of income from 2014 to 2018, according to prosecutors.

McAfee, 75, earned the income through speaking engagements, selling the rights to his story for a documentary, doing consulting work and promoting cryptocurrencies online, prosecutors charged at the time.

John McAfee during an interview in Havana, Cuba in 2019.
John McAfee faces a 10-count indictment in the Western District of Tennessee for allegedly dodging income taxes on millions of dollars from 2014 to 2018.
REUTERS

He claimed the charges against him were politically motivated — and he has the right to fight the extradition, Reuters reported.

In March, McAfee was also charged in Manhattan federal court for running two schemes to bilk crypto investors out of about $13 million.

In that case, McAfee and a co-conspirator, Jimmy Watson, allegedly bought up large quantities of a crypto currency called “alt-coin” and inflated the price value of it by publicizing it on his wildly popular Twitter feed.

John McAfee guarded by authorities after being arrested in Guatemala City in 2012.
John McAfee was charged alongside a co-conspirator in Manhattan federal court for allegedly running two schemes to bilk crypto investors out of millions of dollars.
EPA

They then sold off the product, earning about $2 million in the “pump and dump” scheme, prosecutors charged.

In a second ruse, McAfee and his team took money from startup cryptocurrency issuers to tout events called “initial coin offerings,” prosecutors charged.

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

For forums sites go to Forum.BuradaBiliyorum.Com

If you want to read more News articles, you can visit our News category.

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Please allow ads on our site

Please consider supporting us by disabling your ad blocker!