Anti-virus software creator John McAfee has been detained at a Spanish airport after being indicted in the US on fraud charges, according to the Reuters news agency. McAfee, who designed software of the same name, was reportedly arrested in Barcelona on Saturday while boarding a flight to Istanbul using a British passport. McAfee, 75, is a famous libertarian who believes that tax is wrong and has in the past boasted of not paying his taxes.
Kelli Rowlette is suing her parents’ former fertility doctor after an Ancestry.com DNA test showed that he used his own sperm to help conceive her. The lawsuit accuses retired obstetrician gynecologist Gerald Mortimer and his former employer Obstetrics and Gynecology Associates of Idaho Falls of fraud, medical negligence, emotional distress, battery, and breach of contract.
Two former Goldman Sachs bankers and a Malaysian financier were charged by the US Justice Department for laundering billions of dollars embezzled from Malaysia’s state development fund. Former Goldman Sachs Southeast Asia chairman Tim Leissner pleaded guilty to the charges and will forfeit $43.7 million. Malaysian financier Jho Low remains at large.
Elizabeth Holmes, the founder of US start-up, Theranos, which promised to revolutionize blood testing, agreed to settle to charges that over $700 million was raised fraudulently for the firm. Holmes agreed to a 10-year ban on serving as officer or director of a public company and a $500,000 penalty, without admitting or denying guilt.
One of the founders, William McFarland, of the Fyre festival which was marketed as a luxury music event in Bahamas in April, endorsed by many big name celebrities, has now been arrested and charged with one count of wire fraud. McFarland, was released from jail on a $300,000 bond. If McFarland does indeed get convicted he will be looking at 20 years in prison, but he is likely to receive a lesser sentence.