{"id":2120,"date":"2020-10-06T19:57:18","date_gmt":"2020-10-06T19:57:18","guid":{"rendered":"https:\/\/businessner.com\/?p=2120"},"modified":"2020-10-06T19:57:18","modified_gmt":"2020-10-06T19:57:18","slug":"one-time-presidential-candidate-john-mcaffee-arrested-in-spain-faces-extradition-to-us-for-tax-evasion","status":"publish","type":"post","link":"https:\/\/businessner.com\/one-time-presidential-candidate-john-mcaffee-arrested-in-spain-faces-extradition-to-us-for-tax-evasion\/","title":{"rendered":"One-Time Presidential Candidate John McAffee Arrested in Spain, Faces Extradition to US for Tax Evasion"},"content":{"rendered":"

On Monday, John McAffee was arrested in Spain and he faces extradition to the United States after a tax evasion indictment was unsealed. According to the US Department of Justice and the Securities and Exchange Commission, the former tech guru’s recent career can be best described as a libertarian crypto-crime lord.<\/p>\n

John McAfee was first arrested last year in the Dominican Republic , as he was suspected of carrying ammunition, high caliber weapons and military style gear on his yacht.\u00a0 He was quickly released with no charges being filled against him.<\/p>\n

And again last Monday, the one-time presidential candidate for the Libertarian party was arrested for real (and most probably for ever) in Spain.<\/p>\n

Security software founder McAffee was hit with 10 counts of fraud<\/a> and other charges<\/a> for promoting cryptocurrency investments without disclosing that he was paid $23 million to do so. The DOJ said in a statement:<\/p>\n

\u201cJohn McAfee earned millions in income from promoting cryptocurrencies, consulting work, speaking engagements, and selling the rights to his life story for a documentaryFrom 2014 to 2018, McAfee allegedly failed to file tax returns, despite receiving considerable income from these sources.\u201d<\/p><\/blockquote>\n

McAffee’s personal bodyguard Jimmy Watson, Jr was also charged for playing an unspecified role in the crypto-scheme. Federal prosecutors allege that the eccentric millionaire hid cryptocurrency, a yacht, and real estate from the US government’s auditors, as part of his criminal conspiracy to evade paying federal taxes.<\/p>\n

It looks like McAffee “forgot” to pay federal income taxes from 2014 to 2018.<\/p>\n

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John McAfee Indicted for Tax Evasion – Allegedly Hid Cryptocurrency, a Yacht, Real Estate and Other Properties in Nominee Names to Evade Taxeshttps:\/\/t.co\/6hcFNmLhBW<\/a><\/p>\n

— Justice Department (@TheJusticeDept) October 5, 2020<\/a><\/p><\/blockquote>\n