{"id":30775,"date":"2020-10-06T14:09:53","date_gmt":"2020-10-06T18:09:53","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=30775"},"modified":"2020-10-06T14:09:53","modified_gmt":"2020-10-06T18:09:53","slug":"is-the-us-government-really-going-after-truth-speaker-john-mcafee-on-tax-avoidance-charges","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=30775","title":{"rendered":"Is the US government really going after truth speaker John McAfee on tax avoidance charges?"},"content":{"rendered":"<h1>Anti-virus creator John McAfee arrested over tax evasion charges<\/h1>\n<p><!--more-->BBC<\/p>\n<div id=\"attachment_30777\" style=\"width: 810px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-30777\" class=\"size-full wp-image-30777\" src=\"http:\/\/stateofthenation.co\/wp-content\/uploads\/2020\/10\/114779240_hi063692983.jpg\" alt=\"\" width=\"800\" height=\"450\" srcset=\"https:\/\/stateofthenation.co\/wp-content\/uploads\/2020\/10\/114779240_hi063692983.jpg 800w, https:\/\/stateofthenation.co\/wp-content\/uploads\/2020\/10\/114779240_hi063692983-300x169.jpg 300w, https:\/\/stateofthenation.co\/wp-content\/uploads\/2020\/10\/114779240_hi063692983-768x432.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><p id=\"caption-attachment-30777\" class=\"wp-caption-text\">REUTERS &#8211; John McAfee has been charged with failing to file tax returns for four years<\/p><\/div>\n<p><b class=\"css-14iz86j-BoldText e5tfeyi0\">Anti-virus software entrepreneur John McAfee has been arrested in Spain and faces extradition to the US where he has been charged with tax evasion.\u00a0<\/b><\/p>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Prosecutors say he failed to file tax returns for four years, despite earning millions from consulting work, speaking engagements, crypto-currencies and selling the rights to his life story.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>None of the income is connected with the software firm which bears his name.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Mr McAfee has not publicly commented on the charges.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>If convicted, he could face up to 30 years in prison.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p><a class=\"css-yidnqd-InlineLink e1no5rhv0\" href=\"https:\/\/www.justice.gov\/opa\/pr\/john-mcafee-indicted-tax-evasion\">In a statement the US Justice Department said<\/a>\u00a0Mr McAfee allegedly evaded tax liability by having his income paid into bank accounts and cryptocurrency exchange accounts in the names of nominees. As a result, it is alleged, he failed to file any tax returns from 2014 to 2018.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>He is also accused of concealing assets, including a yacht and real estate property, in the names of others.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"unordered-list-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<div class=\"css-1pzprxn-BulletListContainer e5tfeyi3\">\n<ul role=\"list\">\n<li><a class=\"css-yidnqd-InlineLink e1no5rhv0\" href=\"https:\/\/www.bbc.co.uk\/news\/technology-24441931\">The strange life of John McAfee<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The charges were announced shortly after\u00a0<a class=\"css-yidnqd-InlineLink e1no5rhv0\" href=\"https:\/\/www.sec.gov\/news\/press-release\/2020-246\">the US Securities and Exchange Commission (SEC) revealed that it had brought civil charges<\/a>\u00a0against Mr McAfee.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The government regulator alleges that Mr McAfee made over $23m (\u00a317.7m) by &#8220;leveraging his fame&#8221; and recommending seven cryptocurrency offerings between 2017 and 2018, which allegedly turned out to be &#8220;essentially worthless&#8221;, without disclosing that he was paid to do so.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The SEC is seeking to impose a civil penalty on him, and disgorge him of any &#8220;allegedly ill-gotten gains&#8221;, with interest. It also wants to permanently ban him from serving as an officer or director of any listed company, or any company which files reports to the SEC.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>In addition, the SEC has charged Mr McAfee&#8217;s bodyguard, Jimmy Watson, with aiding and abetting the sale of digital currencies, along with other allegations.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Neither he nor Mr McAfee have commented publicly on the charges.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Mr McAfee is a controversial figure in the technology sector. He came to prominence in the 1980s when he founded a company that released the first commercial anti-virus software &#8211; McAfee VirusScan &#8211; and helped spark a multi-billion dollar industry.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Although that business has since been sold to Intel, he still develops cyber-security products of his own.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The entrepreneur, who was born in the UK, also launched unsuccessful bids to become the Libertarian Party&#8217;s candidate for the presidential elections in 2016 and 2020.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Mr McAfee has previously expressed his disdain for taxes, tweeting last year that he hadn&#8217;t filed tax returns for eight years because &#8220;taxation is illegal.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Last year he was also briefly detained in the Dominican Republic for allegedly bringing weapons into the country.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>In 2012, Mr McAfee made headlines after Belize police began investigating the death of his neighbour, Florida businessman Gregory Faull, and named Mr McAfee as a &#8220;person of interest&#8221;.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i82\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Mr McAfee left the country after the death, saying he feared for his own safety, but said he had &#8220;no connection whatsoever&#8221; with the killing.<\/p>\n<p>___<br \/>\n<a href=\"https:\/\/www.bbc.com\/news\/world-europe-54431726\">https:\/\/www.bbc.com\/news\/world-europe-54431726<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Anti-virus creator John McAfee arrested over tax evasion charges<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-30775","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/30775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30775"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/30775\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}