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

13 June, 2018, 20:26 | Author: Cecil Buchanan
  • Promoter of Fyre Festival sold bogus 'dinner with Le Bron James' tickets in new scheme authorities

William McFarland, who is still awaiting sentencing for the failed festival, has now been charged by the Southern District of NY with selling tickets that did not exist to marquee sports and music events.

McFarland was rearrested Tuesday and charged with earning $100,000 by selling fake tickets to events including the Coachella Festival and the Met Gala through NYC VIP Access, a company he controlled, and attempted to hide his involvement by sending sale proceeds to other people's bank accounts, according to multiple news reports.

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.

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

"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", FBI Assistant Director-in-Charge William F. Sweeney Jr.

Trump declares oil prices too high, blames OPEC
USA ally Saudi Arabia remains OPEC's most powerful member - with enough production capacity to manipulate global supplies. Fund manager Pierre Andurand at Andurand Capital is bullish.


Raptors hire Nick Nurse as new head coach
During his seven-year tenure, Casey went 320-238 (.573). "I leave here with my head high", he told TSN via text message in May. Toronto fired Dwane Casey on May 11 after the team was swept by the Cleveland Cavaliers in the Eastern Conference semifinal.


Future 'unlimited' for Crawford after commanding Horn defeat
It's the highest praise I can give a fighter, a welterweight, that he reminds me of Sugar Ray Leonard. He also became only the fifth boxer to claim a WBO championship belt in three weight divisions.


Prosecutors said over 15 victims had been bilked since late previous year of more than $100,000 as McFarland and his workers sold non-existent tickets to the 2018 Met Gala, Burning Man 2018, Coachella 2018, the 2018 Grammy Awards, Super Bowl LII and a Cleveland Cavaliers game that would include a team dinner with Lebron James.

McFarland allegedly solicited Fyre Fest attendees to purchase "tickets" from the company.

Billy McFarland - the entrepreneur behind the controversial Fyre Festival - faces new charges of wire fraud and money laundering.

Investors in the festival scheduled for spring 2017 lost more than $26 million in what was advertised as "the cultural experience of the decade". Instead, they arrived to find half-built tents, feral dogs and inadequate food and water.

"William McFarland, already awaiting sentencing for a prior fraud scheme, allegedly continued to conduct criminal business as usual", wrote Manhattan U.S. Attorney Geoffrey Berman in a statement. Each count faces up to 20 years in jail.

Recommended:

  • Luka Doncic staying in 2018 National Basketball Association  draft

    Luka Doncic staying in 2018 National Basketball Association draft

    According to ESPN , teams have inquired about the possibility of trading into the top three, with an eye on picking Doncic. A more seasoned Doncic could end up leading the franchise as Conley and Marc Gasol near the end of their prime years.
    French farmers block access to 13 refineries in palm oil biofuels protest

    French farmers block access to 13 refineries in palm oil biofuels protest

    Many farmers welcomed the president's call for fairer farmgate prices as part of a food chain review previous year . Environmentalists also blame palm oil cultivation for deforestation in southeast Asia.
    Donald Trump talks about G7 post Singapore summit

    Donald Trump talks about G7 post Singapore summit

    Reps not to endorse the Communique as we look at Tariffs on automobiles flooding the U.S. US President Donald Trump is seated amid a crowd of officials.
  • Battle for Yemen's biggest port under way

    Battle for Yemen's biggest port under way

    Saudi Arabia's Western allies, which sell arms to coalition states, have not said publicly if they approve of the assault. Aid agencies urged President Emmanuel Macron to cancel a planned Paris conference on Yemen co-chaired with Saudi Arabia .
    Kate Middleton perfected summer style in a $70 Zara dress

    Kate Middleton perfected summer style in a $70 Zara dress

    Sitting on a grass slope together, Savannah, 7, was pictured with her arm around Charlotte. George, who turns 5 in July, watched the match alongside Kate and showed her a slinky toy.
    Jimmy Kimmel Roasts Trump's

    Jimmy Kimmel Roasts Trump's "Special Bond" with Kim Jong Un

    The two leaders and their respective delegation were seated on either side of a long white table facing one another. He also blamed previous administrations for remaining silent in the face of North Korea's sharp rhetoric.
  • Dixons Carphone Breach Hits 5.9 Million Cards

    Dixons Carphone Breach Hits 5.9 Million Cards

    About 105,000 cards issued outside the European Union, without chip-and-PIN protection, were compromised, Dixons said. Dixons Carphone said it had immediately notified the relevant card companies so that they could protect customers.
    Norfolk MP persuaded not rebel on Brexit by prime minister

    Norfolk MP persuaded not rebel on Brexit by prime minister

    May objected to the amendment - inserted by the House of Lords - because she said it would tie her hands in the negotiation. The government averted a rebellion on Tuesday over whether Parliament should have a decisive say in such a scenario.
    Trudeau criticism will cost Canada `a lot of money´

    Trudeau criticism will cost Canada `a lot of money´

    Navarro, for his part, suggested that he was following orders - but made a poor choice of words in doing so. He made the comments Tuesday at an event of The Wall Street Journal CFO Network in Washington.
  • Why me and my SNP MPs walked out of parliament today

    Why me and my SNP MPs walked out of parliament today

    The Scottish First Minister added: "The decision to act without our consent, and the manner of doing it, will not be forgotten". Mr Blackford asked for the House to sit in private but, after being rebuffed by Mr Bercow, he continued his protests.
    Google Home speakers can now handle three commands at once

    Google Home speakers can now handle three commands at once

    So you'll be able to say, "OK Google, dim the lights and play Marvin Gaye and turn the volume down", and create instant ambience. Previously, asking to "turn off living room and bedroom" when referring to those home control groups simply didn't work.
    First Look at Wonder Woman 1984 Released, Chris Pine to Return!

    First Look at Wonder Woman 1984 Released, Chris Pine to Return!

    But according to a tweet that Jenkins sent out this morning.Trevor looks to be fine - albeit as confused as we are - in 1984. Rebecca Roven Oakley , Richard Suckle , Wesley Coller , Geoff Johns and Walter Hamada are the executive producers.


Popular

Dumbo trailer takes elephant sadness to new CGI heights
Vandevere (Keaton) and an aerial artist named Colette Marchant (Green) swoop in to make the peculiar pachyderm a star'. The CGI elephant actually flies in Disney's first teaser trailer for its live-action " Dumbo ", released on Wednesday.

Geraint Thomas wins Criterium du Dauphine
Thomas' Criterium win was also timely. "Without the boys here I would not have won the Dauphine". Cycling's governing body, the UCI, are still investigating with Froome denying any wrongdoing.

Couple taking selfie on cliff plunge to their deaths
The bodies of the couple, both believed to be aged in their 30s, were found in the sand by a beach cleaner, local media has reported.

‘Net neutrality’ is ending. Here’s how your internet use could change
Martin said broadband providers probably won't mess with existing services like Netflix, as that could alienate consumers. No Blocking: broadband providers may not block access to legal content, applications, services, or non-harmful devices.

What are the US-South Korea war games?
Pompeo and national security adviser John Bolton will also meet with the North Koreans next week to work on the details. Now that the summit is over, Secretary of State Mike Pompeo is busy working on implementing the summit's agenda.

Led joint bid wins right to host 2026 World Cup
The 2026 tournament will be the first hosted by multiple countries since the 2002 World Cup in Japan and South Korea. Allied with that unpredictability came an unpalatable presence at the heart of the United bid - U.S.

Aeon Flux getting live-action reboot at MTV
The film grossed $52.3 million globally, falling short of its $62 million production budget. Hurd produced the 2005 live-action film featuring Charlize Theron in the titular role.

Canada-Mexico to host World Cup 2026
For the first time in history, FIFA's Member Associations were given the opportunity to vote on the host for the tournament. Both Mexico (1970 and 1986) and the United States (1994) have previously hosted World Cups.

Show of solidarity after Donald Trump attacks Justin Trudeau on Twitter
Trudeau's comments centered around Trump's lack of understanding when it comes to global trade. Trump called Trudeau "dishonest" and "weak" in tweets following the summit on Saturday.

Superfan spreading soccer spirit ahead of 2018 FIFA World Cup
Speaking on Trump's possible visit for the World Cup, Peskov said "for this there is even no need for North America to win". Host nation Russian Federation kicks off the tournament Thursday morning when it takes on Saudi Arabia in Moscow at 9 a.m.