Fyre Pageant co-founder arrested for fraud · Newswire · The A.V. Membership

Pitchfork experiences that Billy McFarland—who, alongside rapper Ja Rule, was one of many architects of the Caribbean clusterfuck often called Fyre Pageant—has been arrested by the FBI on costs of wire fraud. A U.S. lawyer issued a press release at this time, saying that “McFarland allegedly offered faux paperwork to induce traders to place over 1,000,000 into his firm and the fiasco referred to as the Fyre Pageant. Because of the investigative efforts of the FBI, McFarland will now need to reply for his crimes.”

The FBI started investigating McFarland—who additionally based complaint-prone luxurious facilities service Magnises—shortly after Fyre Fest grew to become a global laughingstock, stranding tons of of would-be party-goers on a small island with solely their pre-loaded money bracelets to maintain them firm. Fyre Media has been the recipient of a variety of lawsuits for the reason that debacle, and is now dealing with the wrath of the federal authorities itself: If a jury finds him responsible, McFarland may resist 20 years in jail.

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