Federal agents on Friday arrested Billy McFarland, the businessman behind the botched Fyre Festival, on charges of wire fraud.
McFarland’s arrest comes four months after the event ― which was billed as an ultra-luxurious music festival on a private island with gourmet catering and supermodels and tickets that cost up to $250,000 ― turned out to be a disorganized failure.
When ticket holders arrived on the secluded island in late April, they were shocked to find what appeared to be a construction site with half-built tents, feral dogs and inadequate food and water…
Source: Fyre Festival Founder Arrested, Charged With Wire Fraud
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