Fyre Festival Founder Released on Bail Following Fraud Charges

Billy McFarland left Manhattan federal court Saturday, one day after he was arrested on a fraud charge.

The promoter of a failed Bahamas music festival has been freed on bail a day after he was arrested on a fraud charge.

Billy McFarland left Manhattan federal court Saturday with Assistant Federal Defender Sabrina Shroff. McFarland was charged Friday with scheming to defraud investors in his company, Fyre Media.

The charges stem from McFarland’s promotion of the Fyre Festival. It was billed as an ultra-luxurious event to take place on the island of Exuma over two weekends in April and May.

Ticket buyers were told headlines would include Blink-182 and the hip-hop act Migos but performers backed out and the show was canceled.

Prosecutors say the 25-year-old McFarland used fake documents to trick investors. He was freed on $300,000 bail, telling reporters he’d love to speak but can’t.

en

http://www.hollywoodreporter.com/news/fyre-festival-founder-released-bail-fraud-charges-1018410

SOURCE :Hollywood (music)

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  • 6th January 2021 at 10:23 am
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  • 7th February 2021 at 11:47 pm
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    The brief reply is, “unquestionably”. Of
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    My very own choice is to “cherry decide on” the auctions for the afterwards-product and decrease-mileage
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    It also normally takes much more time and those carrying out it really have too
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    So, I am likely to produce about the prospective revenue prospects only from my
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    The notion of “flipping” vehicles is pretty easy really.
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    Youu can find this ssort of motor vehicfles by
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    Annd the amount and top quality of the motor vehicles at these auctions has enhanced radically in new monmths due to the poor financial
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  • 2nd March 2021 at 11:16 pm
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