Computer programmer and McAfee founder John McAfee has been arrested in Spain following alleged tax evasion activities.
The arrest happened a couple of hours ago, and the British-American internet entrepreneur could be extradited to the US to face the reported charges.
The US Securities and Exchange Commission (SEC) says that McAfee was paid more than $23 million in crypto. The fees were given to him following his promotional talks, as well as pushing ICO token sales.
The SEC says he did all that without disclosing his compensation.
According to Techcrunch, this is not the first time McAfee has been accused of evading taxes. The US Department of Justice, for instance, has accused McAfee of not filing his fair share of taxes in the past. In fact, it has been reported that he ‘willingly’ tried to pay some taxes owed to the US government.
Which is not surprising because the past couple of days have revealed that some American billions have the best tax team that ensures they pay as little tax as possible or avoid filing them altogether.
The charges against McAfee are being pursued for an individual, and have nothing to do with his antivirus business, McAfee.
If successfully prosecuted, McAfee could face up to 30 years in prison – but we all know that is not going to happen, at least from history.
We will see how the story unravels in the coming days.