You have to remember the completely epic disaster that was the "Fyre Festival". The seemingly trendy music festival was set to take place on an island in the Bahamas. The festival was promoted by dozens of high profile celebs, including Kendall Jenner, Bella Hadid and Emily Ratajkowski. When attendees arrived, the island was in complete chaos.
Attendees were promised luxurious accommodations but were met with plastic tents and porta-potties. Yuck. The festival, organized by artist Ja Rule, was ultimately a huge joke and became the centre of a lot of memes. Many compared it to a scene straight out of The Hunger Games.
All jokes aside, festivalgoers were stranded on the island with little to no food during the middle of a storm, now someone has to pay for it. Billy McFarland, one of the organizers responsible for Fyre Festival has pleaded guilty to wire fraud.
Yesterday, McFarland faced the charges against him in court. He admitted to lying to Fyre Festival backers, saying he underestimated the resources that would be necessary to hold an event of that magnitude. Yah, no kidding, considering people were eating two slices of bread for dinner. He went on to explain that in an attempt to raise the funds needed, he lied to investors about various aspects of Fyre Media and his personal finances. Those lies included false documents and information.
Additionally, McFarland pleaded guilty to lying to a ticket broker, in order to convince him to buy $2 million dollars worth of tickets for future Fyre Festivals.
McFarland was charged with two counts of wire fraud, each carrying a maximum of 20 years in prison. Reportedly, the promotor will likely face a sentence of eight to ten years, and a fine up to $300,000, under the terms of his plea agreement.
He went on to apologize, "I deeply regret my actions, and I apologize to my investors, team, family and supporters who I let down". McFarland reportedly owes investors more than $26 million dollars. He is currently out on bail and will face sentencing in June.
Source: Teen Vogue