Tagged With wire fraud

The Fyre Festival gave us an incredible opportunity to watch rich people who paid as much as $US400,000 ($514,546) for an exclusive concert melt down on social media when they were greeted with cheese sandwiches and no plumbing. Now, the festival's founder has pleaded guilty to two counts of wire fraud, with each count carrying a maximum 20-year prison sentence

"Let's just do it and be legends, man," a marketing exec for the doomed Fyre Festival reportedly said when it became clear the event was going to be a disaster. And now the lead organiser of that legendarily terrible music festival might be a legend in the clink. Billy McFarland has been charged with wire fraud and faces up to 20 years in prison.