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. None of the income is connected with the software firm which bears his name. Mr McAfee has not publicly commented on the charges.
The U.S. Justice Department is eager to see him extradited—Spanish authorities collared him there.
According to the indictment, McAfee allegedly evaded his tax liability by directing his income to be paid into bank accounts and cryptocurrency exchange accounts in the names of nominees. 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.
If convicted, McAfee faces a maximum sentence of five years in prison on each count of tax evasion and a maximum sentence of one year in prison on each count of willful failure to file a tax return. McAfee also faces a period of supervised release, restitution, and monetary penalties.
He's pictured above in a photo he posted online in 2019, claiming to be taken in a Caribbean jail.