Fyre Festival Organizer Arrested on Federal Fraud Charges
NEW YORK – Fyre Festival organizer Billy McFarland was arrested June 30 on federal charges of wire fraud in connection with what would have been the inaugural two-weekend Fyre Festival, originally slated for April 28-30 and May 5-7 2017 on Grand Exuma Island in the Bahamas. In a statement, federal prosecutors alleged that McFarland “presented fake documents to induce investors to put over a million dollars into his company,” Fyre Media, a company McFarland set up for a talent-booking app along with festival promotion.
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