Saturday, March 6th, 2021
Crooked deals with cryptocurrencies
John McAfee faces a long prison term
In the 80s and 90s, John McAfee made a fortune with antivirus software, later he tried his hand at, among other things, as a yoga teacher and politician. He is currently in custody in Spain. Now he is to be tried in the USA.
The software developer and antivirus pioneer John McAfee is to be brought to court in the USA for fraud with cryptocurrencies and conspiracy to launder money. The Justice Department published the indictment on Friday that if convicted, McAfee could face years of imprisonment and heavy fines.
The 75-year-old was arrested in Spain in October at the instigation of US law enforcement officers who had already brought charges against him for tax evasion and unfair advertising of cryptocurrencies. A statement from McAfee was initially not available.
According to the US authorities, he is still in custody in Spain. US investigators accuse the entrepreneur and his adviser and bodyguard, who are also accused, of having swindled millions of dollars through swindles with cryptocurrencies. The two are charged on a total of seven points, each of which, according to the Ministry of Justice, has a maximum prison sentence of five to 20 years.
McAfee founded the anti-virus software company named after him, McAfee, in the 1980s, from which he retired in the 1990s. He later ran a yoga center and started an antibiotic development company. In 2012, McAfee made headlines for an adventurous jungle escape when he was searched for following the murder of his neighbor in Belize. In 2015 he was aiming for a presidential candidacy in the USA.