Antivirus software creator indicted

NEW YORK — Antivirus software entrepreneur John McAfee was indicted on fraud and money laundering conspiracy charges alleging that he and cohorts made over $13 million by fooling investors zealous over the emerging cryptocurrency market, authorities said Friday.

McAfee, 75, was charged in a newly unsealed indictment in federal court in Manhattan along with Jimmy Gale Watson Jr., who served as an executive adviser on what prosecutors described as McAfee’s “socalled cryptocurrency team.”

Prosecutors said Watson, 40, was arrested Thursday in Texas and was to make an initial appearance Friday before a judge in Dallas. McAfee, authorities said, is detained in Spain on separate criminal charges filed by the U.S. Justice Department’s tax division.

It was not immediately clear who would represent the men.

“McAfee and Watson exploited a widely used social media platform and enthusiasm among investors in the emerging cryptocurrency market to make millions through lies and deception,” U.S. Attorney Audrey Strauss said in a statement describing crimes in 2017 and 2018.

“The defendants allegedly used McAfee’s Twitter account to publish messages to hundreds of thousands of his Twitter followers touting various cryptocurrencies through false and misleading statements,” she added.

In October, McAfee was charged in federal court in Memphis, Tenn., 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.

McAfee developed early internet security software and has been sought by authorities in the U.S. and Belize in the past.