Fyre Festival Founder Billy McFarland Arrested for New Ticket-Selling Scam

Fyre Fest Boss Charged Over New Scam While Awaiting Sentence For Old Scam

MacFarland was charged Tuesday in NY with one count of wire fraud and one count of money laundering.

After that collapse, Fyre co-founder Billy McFarland was charged with wire fraud and intentionally making false statements to banks.

The heavily hyped Fyre Festival was to be a "luxury concert" - taking place on a small island in the Bahamas and featuring Blink-182, Migos and Disclosure - but collapsed on in a mess of disorganization on April 29 before it had even started.

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According to the U.S. Attorney, around March 2018 McFarland owned "NYC VIP Access", a company that purported to sell tickets to high profile events, but in reality no tickets existed.

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. 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. McFarland, who pleaded guilty to wire fraud after has just been charged again with money laundering for setting up a fake ticketing scam. He's also accused of attempting to hide his involvement with NYC VIP Access by posing as the company's other employees. 15 people allegedly bought tickets from the company, totaling $100,000. The festival was anything but the ultra-luxurious event promoted as "the cultural experience of the decade" and touted on social media by Kendall Jenner, Bella Hadid, Emily Ratajkowski and other models and celebrities. Instead, they arrived to find half-built tents, feral dogs and inadequate food and water.

"In March of 2018, William McFarland pled guilty to defrauding investors and vendors of the Fyre Festival, but it is apparent that he did not stop there". He's now facing up to 40 years in prison.

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