- McAfee Corp’s MCFE 75-year-old founder, John McAfee, faced U.S. deportation on tax evasion charges, the Spanish High Court ruled, Bloomberg reported.
- Reportedly he was found dead from suicide in the Spanish prison cell.
- McAfee had been in jail in Spain since Oct. 6 for alleged tax evasion and failure to disclose income charges at Barcelona airport.
- McAfee faced charges of concealing significant assets on his tax returns for several years, including real estate and a yacht.
- The defense had argued that the extradition request was politically motivated.
- McAfee owed over $4.2 million in taxes for 2014 - 2018, as per U.S. documents.
- In March, the U.S. SEC alleged McAfee was concealing cryptocurrency income of over $23 million.
- Price action: MCFE shares traded lower by 0.28% at $28.35 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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