Fyre Festival Co-Founder Billy McFarland Finally Arrested on Fraud Charge
If you thought that the Fyre Festival debacle was over or swept under the rug, you were wrong.
This past Friday co-founder Billy McFarland was arrested on a count of “write fraud” and is now facing up to 20 years in prison. The charge comes from illegal activities leading up to Fyre Festival, possibly the biggest music event failure of all time at least as far as the negative publicity it received in the wake of all that went wrong.
Fyre Media LLC, Billy’s company, is thought to have been connected with an illegitimate scheme to defraud investors by misrepresenting its financial information.
