Promoter of failed Fyre Festival gets 6 years in prison

Angelo Anderson
October 12, 2018

Two days later, he plead guilty to other scams involving Coachella, the Grammys, and more.

A federal judge in Manhattan has given the promoter of last year's highly publicised failed Fyre Festival in the Bahamas a six-year prison term. McFarland was first arrested and charged with wire fraud past year, with a subsequent arrest this June for running a fraudulent ticket-selling scam.

The con artist was ordered to pay back $26 million to bamboozled festival investors, which advertised headlining artists like Migos and Blink-182.

Other victims were given the opportunity to speak during the sentencing hearing, including Joe Nemeth, an investor in McFarland's schemes, which included Fyre Festival, a luxury benefits club Magnises, and a ticket scheme NYC VIP Access, a scheme that he'd developed while out on bail from his first arrest.

The Fyre Festival founder could have served up to 20 years for convictions on three counts of wire fraud, one count of bank fraud, and one count of lying to investigators.

"The remorse I feel is crushing", McFarland said to the NY district courtoom. "I've lived every day with the weight of knowing that I literally destroyed the lives of my friends and family". Judge Naomi Reice Buchwald called him a "serial fraudster".

Finally someone is going to pay for the abysmal sandwiches and electricity-less tent sham known as Fyre Festival, and it isn't Ja Rule.

McFarland's legal team asked for leniency during his sentencing as he was recently diagnosed with bipolar disorder, claiming he wasn't fully aware of his wrong doings. He is also in the midst of a multi-million class action lawsuit filed by multiple ticket holders, according to Vice.

Other reports by Iphone Fresh

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