John McAfee Found Dead After Spanish Court Subjects Him To US Repatriation For Alleged Tax Evasion
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McAfee Corp’s (NASDAQ: 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.
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