Fyre Festival’s Billy McFarland faces new fraud and money laundering charges

Billy McFarland

Billy McFarland

Prosecutors say McFarland committed crimes even after he pleaded guilty in March to defrauding investors and vendors in the Fyre Festival.

Prosecutors said McFarland, 26, began running the scheme late past year, several months after his arrest for defrauding Fyre investors out of $26 million.

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.

Gorenstein, noting that McFarland would likely face an additional two years or so in prison if he is convicted in the new case, said that if he is freed on bail in the Fyre Festival case, he'll face a $1 million bail on the new charges.

The Fyre Festival garnered national headlines in April 2017 after being advertised as an idyllic getaway to the Bahamas, complete with gourmet food, luxury accommodations, performances by Ja Rule and Blink-182.

Team Sky's Thomas wins Criterium
It's easy to underestimate how far there is to go and I didn't want to go too early, die off, and lose time. Adam Yates was extremely happy to win the stage after a hard week of racing.

Valve And Perfect World Are Bringing Steam To China
New features include a modernized chat experience, a more flexible friend list, group chats built for gaming, and more. The new Steam Chat is available now via the Steam client and web browsers.

‘Avengers: Infinity War’ Soars to $2 Billion at Worldwide Box Office
Infinity war ended on a cliffhanger when half of the universe was wiped off after Thanos did his infamous snap of the fingers. Infinity War is the third film to hit $2 billion in its initial run and the second Disney film to do so.

Fyre Festival founder Billy McFarland has been arrested on fresh fraud charges following a post-Fyre Festival ticket scam, reports Pitchfork.

For the ticket scam, McFarland now faces a new count of wire fraud and one count of money laundering.

Billy McFarland was rearrested Tuesday and charged with earning $100,000 by selling fake tickets to exclusive fashion, music and sporting events through NYC VIP Access, a company he controlled.

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

"William McFarland, already awaiting sentencing for a prior fraud scheme, allegedly continued to conduct criminal business as usual", United States Attorney Geoffrey Berman said in a statement.

Recommended News

  • ‘Dumbo’ Trailer: Disney Releases First Teaser For Tim Burton’s Hybrid Remake

    ‘Dumbo’ Trailer: Disney Releases First Teaser For Tim Burton’s Hybrid Remake

    The animated movie that traumatized you as a kid is now a live-action film, adapted by Gothic connoisseur Tim Burton , no less. Griffin Remington, and Eva Green as aerial artist Colette Marchant, who's seen swinging from a huge chandelier.
    Dancing FBI agent facing charges in accidental shooting

    Dancing FBI agent facing charges in accidental shooting

    An FBI agent did a back-flip and his gun fell out at Mile High Spirits bar near downtown Denver , June 4, 2018. Additional charges could be filed based on the results of toxicology tests, which have not yet been received.
    Why Angelina Jolie Could Lose Custody of Her Kids to Brad Pitt

    Why Angelina Jolie Could Lose Custody of Her Kids to Brad Pitt

    Contentious: Jolie and Pitt split in 2016 amid allegations of child abuse against Pitt during an incident aboard a private plane. The schedule involves each child except for Maddox , who is being allowed to make his own choices because he is older.
  • Merkel: EU will act against US  tariffs on steel, aluminium

    Merkel: EU will act against US tariffs on steel, aluminium

    According to Deutsche Welle , Mr Seehofer said: "I have a responsibility for this country, namely to steer and maintain order". In a speech Tuesday night, Merkel said the topic was discussed at last week's tumultuous Group of Seven summit, where a U.S.
    North America will host the World Cup in 2026

    North America will host the World Cup in 2026

    Seven members recused their voting rights - Guam, Kenyan, the US Virgin Islands football associations, and the bidders. The views expressed therein are not necessarily those of stlucianewsonline.com, its sponsors or advertisers.
    Wonder Woman 2: Patty Jenkins teases return of key character

    Wonder Woman 2: Patty Jenkins teases return of key character

    As previously announced, the film also stars Kristen Wiig in the role of the Super-Villain The Cheetah, as well as Pedro Pascal . Rebecca Roven Oakley , Richard Suckle , Wesley Coller , Geoff Johns and Walter Hamada are the executive producers.
  • Trudeau's criticism will cost Canada 'a lot of money'

    Trudeau's criticism will cost Canada 'a lot of money'

    FILE - Senior White House economic adviser Larry Kudlow speaks during a briefing at the White House in Washington, June 6, 2018. All seven leaders had worked out a joint statement stressing the importance of a rules-based worldwide trading system.
    What Kim Jong Un and Donald Trump's body language reveals

    What Kim Jong Un and Donald Trump's body language reveals

    The video was also broadcast during a press conference, and Trump bragged to reporters that he thinks Kim loved it. "That's not what you have to do", Trump said .
    Brexit law faces crucial Commons vote

    Brexit law faces crucial Commons vote

    The concession means MPs could be given power to prevent Britain leaving the European Union without a deal. However, Devon Tory Sarah Wollaston signalled that she would back Mr Grieve's amendment.
  • S.Korea president: Singapore agreement will end Cold War

    S.Korea president: Singapore agreement will end Cold War

    Trump said the United States will cut back on its military exercises with South Korea but will not withdraw any American forces. North Korean state media lauded the summit as a resounding success, highlighting concessions made by the U.S. president.

    FCC leader promises better Internet as net neutrality rules expire

    Rival services like Sling TV and Netflix count video against data caps, essentially making them more expensive to watch. The net neutrality rules were approved by the FCC in 2015 amid an outpouring of online support.
    Trump vows to 'stop the war games' after Singapore summit

    Trump vows to 'stop the war games' after Singapore summit

    Mattis has repeatedly stressed that any reduction in troops would be a decision that only Washington and Seoul could address. Exercises with South Korea cover a range of eventualities, including drills with nuclear-capable bombers.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.