Fyre Festival Organizer Arrested For Wire Fraud

Billy McFarland one of the organizer behind the Fyre Festival was arrested on Wire Fraud, Billy McFarland and Rapper Ja Rule organized this so called festival to promote the Fyre Music Booking app.

The event was promoted by social media celebrities such as Kendall Jenner, Bella Hadid and many other models. But experienced problems and was postponed after the guests were arrived.

As a result, the organizers are facing eight lawsuits, one seeking more than $100 million in damages. The suits accuse the organizers of defrauding ticket buyers. On June 30, 2017, the United States Attorney for the Southern District of New York arrested and charged Billy McFarland with one count of wire fraud.

FYRE FESTIVAL

Fyre Festival was Scheduled for two weekends in April and May 2017, the event sold day tickets for $1,500, and VIP packages including airfare and luxury tent accommodations for US$12,000. Customers were promised accommodations in “modern, eco-friendly, geodesic domes” and meals from celebrity chefs.

Shortly before the event, Fyre informed ticketholders that the event would be “cashless (and cardless),” and encouraged attendees to put up to $1,500 in advance on a digital Fyre Band to cover incidentals, according to one lawsuit. Those wristbands were merely a stopgap solution to help the company’s cash flow, according to two employees with knowledge of the accounts.

There were significant problems with the planning since mid-march, and they almost cancelled the festival and was postponed to 2018. But at the last moment they decided to go with the planned schedule.

Guests who showed up at the show were disappointed by the luxury accommodations that were promised for the event. Those who went to the island complained about the tents and the food. One picture posted on social media by someone who attended the event showed that the food was two slices of bread, a slice of cheese and a salad. The event promised gourmet food but organizers have responded by saying the sandwich seen in the photo was actually meant for the staff.

Billy McFarland the organizer has been arrested and has been released on bail for 300,000$. He could face upto 20 years in prison for wire fraud.

Scott Lucas

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