MEMPHIS, Tenn. — Federal prosecutors say millionaire software developer John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking engagements and sold the rights to his life story for a documentary.
An indictment charging McAfee with tax evasion and willful failure to file tax returns was unsealed in federal court in Memphis on Monday after McAfee’s arrest in Spain.
Extradition to the U.S. is pending.
The indictment says McAfee failed to file tax returns from 2014 to 2018, despite receiving “considerable income.” It was not immediately clear whether McAfee has a lawyer to speak for him. The indictment further alleges McAfee attempted to evade the IRS by concealing assets, including real property, a vehicle, and a yacht, in the names of others.
In February of this year, McAfee claimed to live in West Tennessee, the small town of Lexington, just east of Jackson.
