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

Promoter of Fyre Festival sold bogus 'dinner with Le Bron James' tickets in new scheme authorities

Promoter of Fyre Festival sold bogus 'dinner with Le Bron James' tickets in new scheme authorities

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.

Toyota investing $1 billion in Grab
Other carmakers such as Daimler, BMW and Ford have dabbled in investing and developing their own ride-hailing services. It also has Southeast Asia's biggest land transportation fleet, delivering over six million rides per day.

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

  • 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.
    Raptors hiring Nick Nurse as head coach

    Raptors hiring Nick Nurse as head coach

    An assistant for the Raptors since 2013, Nurse, 50, was a two-time coach of the year in the British Basketball League. Toronto Raptors assistant coach Nick Nurse gestures during a game against the Detroit Pistons on February 29, 2016.
    Germany discovers ?illegal? devices that may be in 1M Mercedes diesels

    Germany discovers ?illegal? devices that may be in 1M Mercedes diesels

    German authorities have also discovered special programming in Daimler cars that they have classified as "inadmissible".
  • 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 .
    Royal Family Criticized Over Prince George’s Toy Gun

    Royal Family Criticized Over Prince George’s Toy Gun

    All eyes were on Prince George and Princess Charlotte on Sunday as they frolicked in the sunshine at their father's polo match. One comment said: "This was the only disappointing thing about today's polo match photos".
    11 people in Harris County arrested in email scam

    11 people in Harris County arrested in email scam

    The arrests were part of Operation Wire Wire, a six-month investigation by the Justice Department , U.S. If you believe you may have been a target, you can also file a complaint with the IC3.
  • Some Teams Eying Possibility Of Trading Up For Luka Doncic

    Some Teams Eying Possibility Of Trading Up For Luka Doncic

    Not only is it making the team significantly better next year, it opens the door for other opportunities after the season ends. Memphis is going to get much more out of freeing up Parsons for Harris and Beverley than they would a second first-round pick.

    Oil prices drop as supplies increase

    Russia's production was 11.1 million barrels a day in June, exceeding its quota, according to sources familiar with the matter. Benchmark Brent crude oil was down 35 cents at $75.53 a barrel by 0730 GMT.
    Mother of a 5-year-old warns about tick paralysis

    Mother of a 5-year-old warns about tick paralysis

    After testing, Kailyn was diagnosed with tick paralysis . "PLEASE for the love of god check your kids for ticks!" she posted. The little girl was immediately rushed to a hospital, where doctors confirmed that she'd been suffering from tick paralysis.
  • 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.
    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.

    Tearful Rodman claims vindication for Kim ties

    United States and the DPRK commit to recovering POW/MIA remains, including the immediate repatriation of those already identified. China had always implemented United Nations sanctions against its reclusive neighbour "in a serious and strict manner", he said.

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.