General
John McAfee, antivirus software creator, charged with cheating investors over cryptocurrency scheme
Antivirus software entrepreneur John McAfee has been indicted on fraud and money laundering conspiracy charges alleging that he and cohorts made more than $US13 million ($16.9 million) by fooling investors zealous over the emerging cryptocurrency market.
Key points:
- Prosecutors allege John McAfee used his Twitter account to tout various cryptocurrencies using misleading statements
- Mr McAfee is detained in Spain on separate charges
- He was charged with evading taxes in October
Mr McAfee, 75, was charged in a newly unsealed indictment in Manhattan federal court along with Jimmy Gale Watson Jr, who served as an executive adviser on what prosecutors described as Mr McAfee’s “so-called cryptocurrency team.”
Prosecutors said Mr Watson, 40, was…
-
General23 hours agoFederal Labor makes $100m Canberra convention centre funding pledge for planning, new aquatic centre
-
General21 hours agoSector warns Coalition’s plan to limit overseas students ‘straight out of Trump’s playbook’
-
General13 hours agoPope Francis makes surprise first appearance after hospital stay
-
General20 hours agoDonald Trump and the ghost of Al Capone • Inside Story