John McAfee Wiki
Anglo-American computer programmer and businessman. He founded the software company McAfee Associates in 1987 and operated it until 1994, when he left the company. McAfee Associates had early success as the creator of McAfee’s first commercial antivirus software, and the business now produces a range of enterprise security software. The company was acquired by Intel in 2011 and returned in 2017 with TPG Capital holding a majority stake, but the software always bore the McAfee brand. McAfee’s fortune peaked at $ 100 million in 2007, before investments declined in the 2007-2008 financial crisis.
After leaving McAfee Associates, he founded Tribal Voice (producers of the PowWow chat program), QuorumEx and Future Tense Central, and held leadership positions at Everykey, MGT Capital Investments and Luxcore, among others. . His personal and business interests include smartphone apps, cryptocurrency, yoga, and herbal antibiotics. He resided in Belize for several years, but returned to the United States in 2013.
McAfee is also a political activist. He unsuccessfully sought the Liberal Party nomination for President of the United States in 2016 and 2020.
On October 6, 2020, McAfee was arrested in Spain on tax evasion charges. The charges were announced shortly after the U.S. Securities and Exchange Commission (SEC) announced that it brought civil charges against McAfee and could face 30 years in prison if convicted.
John McAfee Charged, Investigation
John McAfee was accused of securities fraud through cryptocurrency “pump and dump”. Federal prosecutors, McAfee and his executive adviser and bodyguard Jimmy Gale Watson Jr. He filed a lawsuit against him and claimed that the pair earned nearly $ 2 million, urging Twitter followers to invest in cryptocurrencies such as Reddcoin and Dogecoin and then sell their own assets as the price rose.
“McAfee and Watson have made millions using a social media platform and enthusiasm widely used among investors in the emerging cryptocurrency market,” US Attorney Audrey Strauss said in a statement. “The defendants allegedly used McAfee’s Twitter account to broadcast messages to hundreds of thousands of Twitter followers who launched various cryptocurrencies with false and misleading statements to hide their genuine, self-seeking motives.”
The couple allegedly ran their plans from December 2017 to October 2018. McAfee used his verified Twitter account, which currently has around 1 million followers, to suggest a “Money of the Day” or “Money of the Week”. The indictment says that McAfee claims he has no stake in these altcoins; In reality, it was alleged that McAfee would previously purchase large quantities using bitcoin, then download them again after their followers increased the price.
McAfee and Watson face seven charges, each serving five to 20 years in prison. The charges include wire fraud, conspiracy for commodity and securities fraud, and money laundering conspiracy.
Known for starting the antivirus company that bears his name, McAfee was arrested last year on separate tax evasion charges. The Securities and Exchange Commission sued him in October for fraudulently promoting initial coin offers or ICOs. And in 2019, a court decided to pay $ 25 million for allegedly ordering the murder of his neighbor in Belize in 2012. (McAfee refused to interfere and refused to pay the funds.) These charges add another layer to his alleged crimes.