Tag: charged

06
Oct
2020
Posted in software

Software entrepreneur John McAfee charged with U.S. tax evasion

Memphis, Tennessee — Antivirus software entrepreneur 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, prosecutors in Tennessee said Monday.
 
A June 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, where extradition to the U.S. is pending, the U.S. attorney’s office said in a news release.
 
Online court records do not show whether McAfee has a lawyer to speak on his behalf about the charges.

McAfee developed early internet security software and has been sought by authorities in the U.S. and Belize in the past.

The indictment said McAfee failed to file tax returns from 2014 to 2018, despite receiving “considerable income” from several sources. The indictment does not allege that McAfee received any income or had any connection with the antivirus software company bearing his name during those years, prosecutors said.
 
McAfee evaded taxes by directing his income to be paid into bank accounts and cryptocurrency exchange accounts in the names of others, the indictment said. McAfee hid assets from the Internal Revenue Service, including real estate property, a vehicle and a yacht, in the names of others, prosecutors said.

john-mcafee-cuba.jpg
John McAfee, co-founder of McAfee Crypto Team, CEO of Luxcore and founder of McAfee Antivirus, smokes a cigarette before taking a taxi at Marina Hemingway in Havana, Cuba, July 4, 2019.

REUTERS/Alexandre Meneghini


If convicted of all charges, McAfee could face up to 30 years in prison.
 
McAfee was released from detention in the Dominican Republic in July 2019 after he and five others were suspected of traveling on a yacht carrying high-caliber

05
Oct
2020
Posted in software

John McAfee, antivirus software pioneer, charged with tax evasion in US | US news

John McAfee, the antivirus software entrepreneur, has been charged with evading taxes after failing to report millions earned promoting cryptocurrencies, consulting work, speaking engagements and the sale of the rights to his life story for a documentary, US prosecutors have alleged.

McAfee hid assets from the Internal Revenue Service, including real estate property, a vehicle and a yacht, in the names of other people, prosecutors said.

A June indictment charging McAfee with tax evasion and wilful failure to file tax returns was unsealed in federal court in Memphis, Tennessee, on Monday after McAfee’s arrest in Spain, where extradition is pending, the US attorney’s office said.

Online court records do not show whether McAfee has a lawyer to speak on his behalf about the charges.

McAfee rose to prominence after developing early internet security software, and has been sought by authorities in the US and Belize in the past.

The indictment said McAfee failed to file tax returns from 2014 to 2018, despite receiving “considerable income” from several sources. The indictment does not allege that McAfee received any income or had any connection with the antivirus software company bearing his name during those years, prosecutors said.

McAfee evaded taxes by directing his income to be paid into bank accounts and cryptocurrency exchange accounts in the names of others, the indictment said.

If convicted of all charges, McAfee could face up to 30 years in prison.

McAfee was released from detention in the Dominican Republic in July 2019 after he and five others were suspected of traveling on a yacht carrying high-calibre weapons, ammunition and military-style gear, officials in the Caribbean Island said at the time.

Source Article

05
Oct
2020
Posted in software

John McAfee, antivirus software pioneer, charged with tax evasion in US | John McAfee

John McAfee, the antivirus software entrepreneur, has been charged with evading taxes after failing to report millions earned promoting cryptocurrencies, consulting work, speaking engagements and the sale of the rights to his life story for a documentary, US prosecutors have alleged.

McAfee hid assets from the Internal Revenue Service, including real estate property, a vehicle and a yacht, in the names of other people, prosecutors said.

A June indictment charging McAfee with tax evasion and wilful failure to file tax returns was unsealed in federal court in Memphis, Tennessee, on Monday after McAfee’s arrest in Spain, where extradition is pending, the US attorney’s office said.

Online court records do not show whether McAfee has a lawyer to speak on his behalf about the charges.

McAfee rose to prominence after developing early internet security software, and has been sought by authorities in the US and Belize in the past.

The indictment said McAfee failed to file tax returns from 2014 to 2018, despite receiving “considerable income” from several sources. The indictment does not allege that McAfee received any income or had any connection with the antivirus software company bearing his name during those years, prosecutors said.

McAfee evaded taxes by directing his income to be paid into bank accounts and cryptocurrency exchange accounts in the names of others, the indictment said.

If convicted of all charges, McAfee could face up to 30 years in prison.

McAfee was released from detention in the Dominican Republic in July 2019 after he and five others were suspected of traveling on a yacht carrying high-calibre weapons, ammunition and military-style gear, officials in the Caribbean Island said at the time.

Source Article

05
Oct
2020
Posted in software

Software company founder McAfee charged with tax evasion

MEMPHIS, Tenn. (AP) — Antivirus software entrepreneur 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, prosecutors in Tennessee said Monday.

A June 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, where extradition to the U.S. is pending, the U.S. attorney’s office said in a news release.

Online court records do not show whether McAfee has a lawyer to speak on his behalf about the charges.


McAfee developed early internet security software and has been sought by authorities in the U.S. and Belize in the past.

The indictment said McAfee failed to file tax returns from 2014 to 2018, despite receiving “considerable income” from several sources. The indictment does not allege that McAfee received any income or had any connection with the antivirus software company bearing his name during those years, prosecutors said.

McAfee evaded taxes by directing his income to be paid into bank accounts and cryptocurrency exchange accounts in the names of others, the indictment said. McAfee hid assets from the Internal Revenue Service, including real estate property, a vehicle and a yacht, in the names of others, prosecutors said.

If convicted of all charges, McAfee could face up to 30 years in prison.

McAfee was released from detention in the Dominican Republic in July 2019 after he and five others were suspected of traveling on a yacht carrying high-caliber weapons, ammunition and military-style gear, officials in the Caribbean Island said at the time.

Source Article

05
Oct
2020
Posted in technology

Amazon employee arrested, charged with issuing $96,500 in fake refunds

  • An ex-Amazon employee was arrested and charged with fraud last week after the company reported him to the FBI, Amazon said on Monday.
  • The Amazon employee, Vu Ang Nguyen, is charged with wire fraud and identity theft by federal prosecutors, who say in court documents that Nguyen used his position to issue $96,508 in fraudulent refunds to himself and friends.
  • Nguyen worked as a selling support associate for Amazon.com based in Tempe, Arizona, which gave him the power to manually authorize refund requests.
  • Last month, a different Amazon employee was charged by the SEC with making $1.4 million from insider trading while working as a finance manager for the company.
  • Visit Business Insider’s homepage for more stories.

A former Amazon employee has been arrested by federal authorities and charged with committing wire fraud and identity theft, the company disclosed Monday.

Vu Ang Nguyen, who worked as an Amazon selling support associate in Tempe, Arizona, was arrested by the FBI after Amazon reported him to the authorities in July, the company said. Nguyen is charged with fraudulently issuing $96,508 in refunds to himself and others.

As a selling support associate, Nguyen had the power to manually issue refunds to buyers doing business on Amazon.com, according to the criminal complaint against him. Prosecutors accuse Nguyen of using eight fake buyer accounts to purchase expensive computers and electronics before issuing more than 300 refunds to the accounts, funneling the money to himself and his associates without returning the electronics.

Nguyen was caught after the buyer accounts were detected, Amazon said, and prosecutors said that digital records show that he carried out the transactions from Amazon’s own office while at work. After ignoring multiple questions from Amazon about the suspicious activity, Nguyen resigned in March, according to the complaint. Amazon then reported him to