Fyre Festival Promoter Arrested on New Set of Fraud Charges

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The crooked promoter of the disastrous Fyre Festival went back to defrauding people after he was arrested a year ago - and his newest victims include angry attendees of his infamously shoddy 2017 music festival, prosecutors said on Tuesday.

"In March of 2018, William McFarland pled guilty to defrauding investors and vendors of the Fyre Festival, but it is apparent that he did not stop there", FBI Assistant Director-in-Charge William F. Sweeney Jr.

Investors in the festival scheduled for spring 2017 lost more than $26 million in what was advertised as "the cultural experience of the decade". According to the Manhattan U.S. Attorney's Office, the scam affected a minimum of 15 victims, who were collectively charged around $100,000 for the phony tickets.

A magistrate judge ordered him detained Tuesday after prosecutors said they have evidence that McFarland may have also committed bank fraud and identity theft while out on bail.

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He says the 26-year-old McFarland went on to sell fraudulent tickets totaling nearly $100,000 to various events. The company purported to sell "bogus" tickets to high-profile events like the 2018 Met Gala, Coachella 2018, the 2018 Grammy Awards, and Burning Man 2018.

We're told the documentary crew behind Hulu's upcoming Fyre Festival docuseries, being produced by Cinemart, has been following McFarland's hearings.

For the ticket scam, McFarland now faces a new count of wire fraud and one count of money laundering. Both charges carry up a maximum of a 20 year sentence.

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