Government Accuses Disgraced Fyre Festival Founder Of Starting Another 'Sham' Company

13 June, 2018, 20:25 | Author: Dominic Spencer
  • Promoter of Fyre Festival sold bogus 'dinner with Le Bron James' tickets in new scheme authorities

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

Prosecutors say McFarland "provided prospective customers with contracts that falsely represented that NYC VIP Access had tickets to exclusive events in fashion, music, and sports".

Billy McFarland, center, accompanied by his attorney Randall Jackson, left, leaves federal court after pleading guilty to wire fraud charges, Tuesday, March 6, 2018, in NY.

Fyre Festival founder Billy McFarland, who pleaded guilty to two counts wire fraud in March, was charged Tuesday with running a fraudulent ticket-selling scam while he was out on bail and faces new charges, federal prosecutors told the New York Times on Tuesday. He's also had to come up with $26 million to repay those festival investors he defrauded.


Assistant U.S. Attorney Kristy Greenberg accused Billy McFarland of using the client list of his Fyre Festival - a disastrous attempt to stage a luxury music festival experience in the Bahamas in 2017 - to pitch new ticket fraud schemes. The company purported to sell "bogus" tickets to high-profile events like the 2018 Met Gala, Coachella 2018, the 2018 Grammy Awards, and Burning Man 2018.

What's more, McFarland allegedly committed these scams after he had already been charged over Fyre Festival and was awaiting trial. In the affidavit, Special Agent Racz writes that McFarland corresponded with potential customer-victims through Employee-1's email account - which, among other evidence, investigators say they determined was being logged into from an IP address associated with McFarland's parents' house in New Jersey.

McFarland was trying to sell the tickets in March, the same month he pleaded guilty to defrauding investors for the Fyre Festival, prosecutors allege. Both charges carry up a maximum of a 20 year sentence.

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