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Eugene

(61,899 posts)
Thu Oct 11, 2018, 04:00 PM Oct 2018

Fyre festival: creator of disastrous event sentenced to 6 years on fraud charges

Source: The Guardian and agencies

Fyre festival: creator of disastrous event sentenced on fraud charges

Billy McFarland was sentenced to six years in prison on Thursday after pleading guilty to wire fraud charges in March

Guardian staff and agency
Thu 11 Oct 2018 20.31 BST

A federal judge has given the creator of the highly publicized, failed Fyre festival in the Bahamas a six-year prison term.

Billy McFarland was sentenced on Thursday in federal court in Manhattan. Judge Naomi Reice Buchwald called him a “serial fraudster”.

He had admitted defrauding investors of $26m in the 2017 music festival and over $100,000 in a fraudulent ticket-selling scheme after his arrest in the festival scam.

Buchwald says McFarland deserved a long prison term because he disrespected the criminal justice system by lying to law enforcement agents when they learned about the ticket-selling business.

-snip-


Read more: https://www.theguardian.com/us-news/2018/oct/11/fyre-festival-billy-mcfarland-sentenced-prison-fraud
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Fyre festival: creator of disastrous event sentenced to 6 years on fraud charges (Original Post) Eugene Oct 2018 OP
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