Wednesday, 20 June, 2018


Fyre Festival’s Billy McFarland faces new fraud and money laundering charges

Fyre Fest Boss Charged Over New Scam While Awaiting Sentence For Old Scam Billy McFarland Charged for Coachella & Super Bowl Scam While Awaiting Sentencing for Fyre Festival
Hannah Rogers | 13 June, 2018, 21:57

Manhattan federal prosecutors say McFarland, 26, began running the ticket scheme in late 2017 - just months after his June 2017 arrest for defrauding investors of his Fyre Media company out of $24 million.

Brendan McDermid / Reuters Billy McFarland (left) sold almost $100,000 worth of fraudulent tickets in the several months since he's been free on bail, according to federal prosecutors.

We're told the documentary crew behind Hulu's upcoming Fyre Festival docuseries, being produced by Cinemart, has been following McFarland's hearings.

In a complaint and affidavit released late Tuesday by U.S. Attorney's Office of the Southern District of NY, the government accuses McFarland of starting a company called NYC VIP Access, which purported to sell tickets to high-end events including the Met Gala and the Grammy Awards.

According to the filing, McFarland tried to cover up his involvement in NYC VIP Access by using a then-employee's email account instead of his own, according to the filing.

The head of New York's FBI Office, William F. Sweeney Jr. says that McFarland didn't stop committing fraud crimes after he plead guilty for the Fyre Festival incident. He's due to be sentenced this month after pleading guilty in March.

The crooked promoter of the disastrous Fyre Festival went back to defrauding people after he was arrested a year ago - and his newest victims include angry attendees of his infamously shoddy 2017 music festival, prosecutors said on Tuesday.

McFarland pleaded guilty to wire fraud charges in March in a deal that called for him to serve between eight and 10 years in prison, although he has requested leniency with no incarceration. 15 people allegedly bought tickets from the company, totaling $100,000.

The Fyre Festival garnered national headlines in April 2017 after being advertised as an idyllic getaway to the Bahamas, complete with gourmet food, luxury accommodations, performances by Ja Rule and Blink-182.

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