billy mcfarland

Fyre Festival’s Billy McFarland Pleads Not Guilty to Wire Fraud

Fyre Festival founder and organizer Billy McFarland pleaded not guilty to charges of wire fraud and making false statements to a bank during an appearance in Manhattan…
Anna Gaca / October 3, 2017

Source Says Fyre Festival Founder Tried to Sell Him Other Terrible Business, Magnises, on Auction Site

Before Billy McFarland became eternally infamous as the founder and promoter of Fyre Festival, the 25-year-old entrepreneur operated a company called Magnises. In…
Anna Gaca / September 29, 2017

Report: Billy McFarland Used Fyre Investments to Fund Other Bad Business

Before he started promoting Fyre Festival, and before that misadventure resulted in a wire fraud charge and a forced bankruptcy, Billy McFarland founded another dubious startup targeting millennial music fans. Magnises, a…
Anna Gaca / September 8, 2017

Judge Forces Fyre Festival in Bankruptcy

A federal judge is forcing the company that owned the disastrous Fyre Festival into bankruptcy. On Tuesday (Aug. 29), U.S. Bankruptcy judge Martin Glenn…
Dave Brooks, Billboard / September 3, 2017

Fyre Festival Cofounder Billy McFarland Arrested on Wire Fraud Charge

Billy McFarland, the 25-year-old who cofounded the disastrous Fyre Festival with Ja Rule, has been arrested and charged with one count of wire fraud. The…
Taylor Berman / July 1, 2017

Leaked Email From Fyre Festival Exec: “We Could Get Away With 75 Toilets”

Lower-level staff warned Fyre Festival executives about about conditions on the island—including insufficient housing and restrooms—days and weeks ahead of the doomed festival, according to internal emails leaked to Mic. The…
Anna Gaca / June 5, 2017

Fyre Festival Is Reportedly Under FBI Investigation

Just as it seemed like the dust was starting to settle around Fyre Festival, the New York Times has published a lengthy story about the disastrous ultraluxury…
Andy Cush / May 22, 2017

Fyre Fest’s Billy McFarland to Employees on Leaked Call: “We Are Not Able to Proceed With Payroll”

The latest news in the disastrous tropical saga that is Fyre Festival comes via audio of a phone call between co-founder Billy McFarland and their employees…
Andy Cush / May 11, 2017

Third Class-Action Lawsuit Alleges Fyre Festival Was a Fraud

A third set of Fyre Festival attendees have filed a class-action suit against founders Billy McFarland and Ja Rule, alleging negligence, fraud, and violation of consumer…
Anna Gaca / May 4, 2017

A Comprehensive Timeline of Fyre Festival’s Ongoing Disaster [UPDATE]

In retrospect, Fyre Festival was clearly too good to be true. The upstart festival, launched by would-be tech entrepreneur Billy McFarland and musician Ja Rule, promised headliners like Blink-182,…
Anna Gaca / May 3, 2017

$100 Million Lawsuit Filed Against Fyre Fest Co-Founders Ja Rule and Billy McFarland

A prominent entertainment attorney has filed a $100 million lawsuit against Fyre Festival co-founders Ja Rule and Billy McFarland, alleging fraudulent behavior that cost attendees…
Taylor Berman / May 1, 2017

Fyre Festival Co-Founder Billy McFarland: We Were a “Little Naïve” But We’ll Be Back Next Year

As you're no doubt aware by now, the Fyre Festival that was supposed to take place this weekend and next in the Bahamas turned out…
Taylor Berman / April 29, 2017