Fyre Festival Organizer Charged With Selling Fake Tickets While Out On Bail

Fyre Festival Organizer Charged With Selling Fake Tickets While Out On Bail

Fyre Festival Organizer Charged With Selling Fake Tickets While Out On Bail

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

"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.

McFarland now faces one charge of wire fraud and one count of money laundering on top of the charges he faced from the original Fyre Festival. The event was advertised on social media by Kendall Jenner, Bella Hadid and other high-profile social media influencers.

Prosecutors said McFarland, 26, began running the scheme late past year, several months after his arrest for defrauding Fyre investors out of $26 million. He also said one of McFarland's colleagues, cooperating with prosecutors, was framing him. McFarland's lawyers were not immediately available to comment on the new charges.

"We vigorously contest what is in this complaint", he told U.S. Magistrate Judge Gabriel W. Gorenstein in Manhattan.

However, McFarland was charged with an additional count of wire fraud and money laundering late Tuesday afternoon by the Southern District of NY.

Fyre Festival founder Billy McFarland, who pleaded guilty to wire fraud in March, costing over 80 investors a total of $26 million, was arrested again on Tuesday, and charged with running a fraudulent ticket-selling scam, TIME reports.

Prosecutors said over 15 victims had been bilked since late a year ago of more than $100,000 as McFarland and his workers sold non-existent tickets to the 2018 Met Gala, Burning Man 2018, Coachella 2018, the 2018 Grammy Awards, Super Bowl LII and a Cleveland Cavaliers game that would include a team dinner with Lebron James. Each carries a maximum sentence of 20 years behind bars.

"Mr. McFarland is a serial fraudster plain and simple", prosecutor Kristy Greenberg told the judge.

For his latest scam, McFarland reportedly made $100,000 Dollars selling these new bogus tickets through NYC VIP Access, a company he controlled.

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