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Federal prosecutors have indicted former antivirus entrepreneur John McAfee and his associate for orchestrating what they call a fraudulent scheme designed to rake in millions of dollars from cryptocurrency investors. McAfee and his “cryptocurrency team” advisor Jimmy Watson are accused of having
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John David McAfee, the eccentric antivirus software pioneer, has been indicted on fraud and money laundering charges by the Department of Justice, which alleges he and a business partner participated in a scheme that earned more than $13 million by falsely promoting cryptocurrency to unwitting investors. McAfee, 75, and a member of his "cryptocurrency team," 40-year-old Jimmy Gale Watson, Jr., allegedly exploited Twitter and "enthusiasm among investors in the emergency cryptocurrency market to make millions through lies and deception," U.S. Attorney Audrey Strauss said in a statement on t...
McAfee and his "cryptocurrency team" advisor Jimmy Watson allegedly engaged in an "age-old pump-and-dump scheme," authorities said.
Eccentric Antivirus Mogul John McAfee Accused of Making Millions in Illegal Crypto Schemes Kate Briquelet © Provided by The Daily Beast Anthony Kwan/Bloomberg via Getty Eccentric antivirus millionaire John McAfee is facing federal charges again—this time, over a pair of alleged cryptocurrency schemes that raked in more than $13 million for himself and his accused band of scammers, including his ex-security guard turned CEO. Manhattan federal prosecutors announced Friday that McAfee, 75, was being held in Spain on separate criminal charges by the Department of Justice’s ...