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profishingrods.com October 19, 2018


Organizer of infamous failed Fyre Festival charged with duping customers again

14 June 2018, 01:31 | Regina Holmes

Billy McFarland Charged for Coachella & Super Bowl Scam While Awaiting Sentencing for Fyre Festival

Billy McFarland

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.

Fyre Festival founder Billy McFarland has been arrested on fresh fraud charges following a post-Fyre Festival ticket scam, reports Pitchfork.

Billy McFarland in July 2016 in Water Mill, N.Y. After pleading guilty in March to criminal fraud related to his 2017 Fyre Festival, McFarland was accused of yet another event scam on Tuesday.

His lawyer, Randall Jackson, argued Tuesday that McFarland had proven he was no risk to flee by surrendering when he learned Federal Bureau of Investigation agents were looking for him. They also allege that he may have committed bank fraud and identity theft in the past few months.

The organizer of the infamous Fyre Festival, a failed concert in the Bahamas in 2017 that went viral for its lack of success, has been charged with duping customers again.

"We vigorously contest what is in this complaint", his lawyer Randall Jackson told the judge.




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.

Greenberg said McFarland was living lavishly with monthlong stays in luxury hotels and excursions to expensive restaurants. Each of the four counts carries a maximum sentence of 20 years in prison, although, on the initial charges at least, he was realistically looking at a much lighter sentence. "He targeted the same victims who tried to attend his Fyre Festival".

However, McFarland was charged with an additional count of wire fraud and money laundering late Tuesday afternoon by the Southern District of NY.

McFarland faces new charges of money laundering and wire fraud.

McFarland reportedly made $100,000 United States dollars by selling these fake tickets, and according to a judge in Manhattan, McFarland would likely face an additional two years or so in prison if he is convicted in the new case.



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