Home Business Fyre Festival Founder Arrested And Charged With Fraud

Fyre Festival Founder Arrested And Charged With Fraud

261
0
SHARE

The founder of the Fyre Festival has been arrested and charged with fraud for “delivering a disaster” when he had promised “a life changing festival.”

The Charge

On Friday, Billy McFarland, the founder of the Fyre Festival, has been arrested and accused of fraud by federal prosecutors for using fake documents promising “a life changing festival,” then “delivering a disaster.” He is now facing up to 20 years of prison-time if he is found guilty. He is expected to appear in court on Saturday.

“McFarland allegedly presented fake documents to induce investors to put over a million dollars into his company and the fiasco called the Fyre Festival.” New York’s Southern District Attorney said in his statement. “Thanks to the investigative efforts of the FBI, McFarland will now have to answer for his crimes.”

The Festival

The Fyre Festival took place in April in a Bahamas private island. Guests were promised housing in “modern, eco-friendly, geodesic domes” with room service. It was also hyped up with artists including Kendall Jenner, Major Lazer and Blink 182 advertised the event.

However, guests who had flown all the way to the festival, spending thousands on tickets, were given tents, and some left without housing at all. Many have taken to social media to complain, including some who posted pictures of the food they were provided, which seemed to be just simple cheese on bread.

The artists that had promoted the festival then began disassociating themselves from it. Kendall Jenner deleted the social media posts that promoted it, and Blink 182 cancelled its gig at the festival.

The prosecutors’ statements said that it “was widely deemed to have been a failure,” mentioning that McFarland “put on a show, misrepresenting the financial status of his businesses in order to rake in lucrative investment deals.”

“In the end. The very public failure of the Fyre Festival signaled that something just wasn’t right.”