Tag Archive : McAfee

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McAfee, the cybersecurity company founded by tech eccentric John McAfee, has set the terms for its initial public offering, hoping to raise as much as $682 million in a deal that could value the company at $3.64 billion.

McAfee, based in San Jose, plans to sell 37 million shares at a price of $19 to $22 each. The stock will trade on Nasdaq, with the ticker symbol MCFE, the company said in an SEC filing.

Of the 37 million shares, 30,982,558 will come from the company and 6,017,442 from existing stockholders. McAfee expects to have 165.44 million Class A shares outstanding after the IPO.

In the six months through June 27, McAfee posted profit of $31 million, swinging from a loss of $146 million in the year-earlier period. Revenue rose 9% to $1.4 billion from $1.29 billion.

John McAfee founded McAfee Associates in 1987 and ran it until 1994, when

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John McAfee giving a speech on Aug. 16, 2016, in Beijing, China. McAfee has been arrested on tax evasion charges in Spain.

Visual China Group via Getty Images


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Visual China Group via Getty Images

John McAfee giving a speech on Aug. 16, 2016, in Beijing, China. McAfee has been arrested on tax evasion charges in Spain.

Visual China Group via Getty Images

Computer antivirus pioneer John McAfee tweeted last year he hadn’t filed a tax return in eight years.

It was okay, he explained. He was “done making money.” His “net income is negative.”

“Taxation is illegal,” he said.

Now McAfee has been arrested in Spain on tax evasion charges. The U.S. Justice Department has accused him of failing to file tax returns from 2014 to 2018 despite making millions, according to an indictment unsealed on Monday.

He allegedly made money from “promoting crypto-currencies, consulting work,

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This isn’t quite pitch perfect!

Anna Kendrick has found herself topping a celebrity list that most people shouldn’t be on.

The “Pitch Perfect” actress ranks at the top of McAfee’s U.S. list of most dangerous celebrities to search for online.

For the 14th year, the computer virus fighters have researched which famous names generate the riskiest search results that could potentially trigger consumers to unknowingly install malware on their devices.

The Academy Award nominated actress, currently starring in the HBO Max series “Love Life,” beat out the likes of Diddy, Blake Lively, Mariah Carey and Jason Derulo as the most dangerous celebrity to search for.

“Cybercriminals use consumers’ fascination with celebrity culture to drive unsuspecting fans to malicious websites that install malware on their devices, potentially putting personal information and log-in details in the wrong hands,” McAfee’s VP Baker Nanduru said with Tuesday’s announcement of the list.

“Consumers are searching

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John McAfee

John McAfee, the cybersecurity pioneer who created the world’s first commercial anti-virus software, was arrested in Spain and charged with tax evasion, the Department of Justice announced Tuesday.

The British-born McAfee, 75, is facing extradition to the United States, where he is charged with tax evasion and willful failure to file tax returns

The entrepreneur’s arrest came after an indictment from June 15, 2020, was unsealed Tuesday.

According to the indictment, McAfee allegedly evaded taxes by directing his income to be paid into the bank accounts and cryptocurrency exchange accounts “in the names of nominees,” Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney D. Michael Dunavant for the Western District of Tennessee.

McAfee earned millions in income from promoting cryptocurrencies, consulting work, speaking engagements, and selling the rights to his life story for a documentary, according to the indictment,

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Antivirus software pioneer John McAfee has been arrested in Spain and is expected to be extradited back to the U.S. on tax evasion charges, the Justice Department said Tuesday.

McAfee, 75, who founded the wildly successful computer anti-virus software company named after him, was arrested in Spain as he tried to board a flight to Istanbul.

A June indictment against McAfee in the U.S. court in Tennessee was unsealed by the Justice Department on Tuesday charging him with tax evasion and willful failure to file tax returns.

McAfee earned millions of dollars from promoting cryptocurrencies, consulting work, speaking engagements, and selling the rights to his life story for a documentary, and from 2014 to 2018 allegedly failed to file tax returns, according to the indictment. None of the income in question is connected with the software company he founded, which McAfee resigned from in 1994.

The indictment also alleges that

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The antivirus software entrepreneur John McAfee, who has been indicted for tax evasion in the US after allegedly failing to declare earnings running into millions of dollars, has been arrested by Spanish police while attempting to board a flight from Barcelona to Istanbul.

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.

McAfee, 75, 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.

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

The securities and exchange commission has also brought civil

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Anti-virus software creator John McAfee, who is wanted in the United States for tax evasion, has been arrested at Barcelona airport, police said Tuesday.

Officers detained the 75-year-old on Saturday as he was about to board a flight to Istanbul and he was being held at a jail near Barcelona awaiting extradition to the United States, a Spanish police source told AFP.

His arrest comes a day after US prosecutors released an indictment against McAfee for allegedly failing to report income made from promoting crypto-currencies, making speaking engagements and selling the rights to his life story for a TV documentary.

The indictment, which was issued in June but only unsealed on Monday, said McAfee failed to file tax returns from 2014 to 2018, despite receiving “considerable income” from several sources.

McAfee allegedly evaded taxes by directing his income to be paid into bank accounts and crypto-currency exchange accounts in the

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FILE PHOTO: John McAfee, co-founder of McAfee Crypto Team and CEO of Luxcore and founder of McAfee Antivirus, speaks at the Malta Blockchain Summit in St Julian’s, Malta November 1, 2018. REUTERS/Darrin Zammit Lupi

BARCELONA (Reuters) – John McAfee, an anti-virus software creator indicted for fraud in the United States, was in jail on Tuesday pending extradition procedures after being arrested in Barcelona airport at the weekend, sources said.

The McAfee software founder was detained on Saturday when about to board a flight to Istanbul with a British passport, a Spanish police source said.

A judicial source said McAfee was then presented to a high court judge through a video call and sent to prison without bail where he will await the extradition process.

A third source, from the Catalonia region’s justice department, said he was in the Brians 1 jail, which opened in 1991 in an industrial area 45

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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

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John David McAfee, an antivirus software pioneer who fled Belize in 2012 ahead of a murder investigation there, has been arrested in Spain on tax evasion charges, the U.S. Justice Department said on Monday.

Mr. McAfee, 75, is a Silicon Valley legend who earned millions from the computer virus-fighting software company that still bears his surname. In 2012, he disappeared from his home in Belize after the local police sought him for questioning over the death of his neighbor.

He resurfaced in Guatemala City a few weeks later, then largely dropped out of the public eye for years — until 2016, when he attempted to run as a Libertarian candidate for president of the United States.

The Justice Department said on Monday that Mr. McAfee’s extradition from Spain to the United States was “pending.” It did not provide a timeline, and Mr. McAfee could not immediately be reached for comment

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