Former CNBC commentator James McDonald, who spent nearly three years on the run after being indicted on fraud charges, has been arrested in Washington state, according to federal officials. He could face decades in prison if convicted. McDonald, 52, formerly of Arcadia, California, was arrested on Saturday at a residence in Port Orchard, Washington, according to the U.S. Justice Department. He appeared in court on Monday and will be transferred to Los Angeles in the coming weeks. According to prosecutors, McDonald fled in November 2021 after deleting his email accounts and telling one person h…