U.S. Justice Department Unseals Indictment against McAfee as Spain Arrests Him

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Friday, October 9, 2020
Author: 
Bruce Zagaris
Volume: 
36
Issue: 
10
Abstract: 

On October 5, 2020, the United States Department of Justice unsealed an indictment charging John David McAfee with tax evasion and willful failure to file tax returns.[1] The DOJ unsealed the June 15, 2020 indictment in the Western District of Tennessee after Spain arrested McAfee.[2]  Meanwhile, the Securities and Exchange Commission charged McAfee for promoting investments in initial coin offerings (ICOs) to his Twitter followers without disclosing that he was paid to do so. The SEC also charged McAfee’s bodyguard, Jimmy Watson, Jr., for his role in the alleged scheme.[3]



[1]    U.S. Department of Justice, John McAfee indicted for Tax Evasion, Press Re. No. 20-1052, Oct. 5, 2020.

 

[2]    United States v. John David McAfee, U.S. Dist. Court W.D. Tenn., Eastern Div., Indictment, Case 1:20-cr-10029-STA, filed June 15, 2020  https://www.justice.gov/opa/press-release/file/1324536/download

 

[3]    SEC, SEC Charges John McAfee With Fraudulently Touting ICOs, Press Release 2020-246, Oct. 5, 2020.